Identify the Correct Statement About the Supply of Labor in the U.S.economy

question 60

Multiple Choice

Identify the correct statement about the supply of labor in the U.S.economy.

• A)The supply of less-educated workers has increased more than the supply of more-educated workers, thus increasing the rewards of education.
• B)Immigration has decreased the supply of relatively less-educated workers, thus increasing wages.
• C)Immigration has increased the supply of relatively less-educated workers, thus increasing the wage rates.
• D)Computer-controlled machinery has substituted low-skilled workers in the manufacturing process, thus increasing their wages.
• E)Technological change has benefited only low-skilled, less-educated workers, at the cost of highly skilled, highly educated workers.

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Definitions:

PAIBOC Analysis

PAIBOC Analysis is a methodology used in business communication and writing to evaluate the Purpose, Audience, Information, Benefits, Objections, and Context of a message or document.

Interview

A formal conversation between two or more parties where questions are asked to obtain information.

Interviewee

The person being interviewed or questioned, often for a job position or research gathering information.

Phone Interview

An employment screening process where the interviewer and candidate communicate over the telephone.