Predictable Layoffs

question 22

Multiple Choice

Predictable layoffs

• A) will not increase utility for any workers.
• B) decrease utility of all workers.
• C) decrease utility of risk-averse workers.
• D) imply that leisure is an inferior good to all workers.

---

Definitions:

Vocabulary Growth

The process of increasing the number of words a person knows and understands, often associated with both language development in children and continued learning in adults.

Language Development

The process by which children come to understand and communicate language during early childhood.

Babbling

A stage of language acquisition where infants produce sounds or syllables repetitively, not yet forming recognizable words.

Metalinguistic Awareness

The ability to think about and reflect on the nature and functions of language.