According to the Textbook, Which of the Following Is a Reason

question 67

Multiple Choice

According to the textbook, which of the following is a reason that career counselors (especially on college campuses) have come to play an increasingly important role in individuals' career decision making?

• A) The labor market is changing so quickly that it is difficult for adolescents to obtain accurate information about careers from their families.
• B) New government-subsidized programs require career counselors to do so.
• C) Adolescents have become apathetic about career choices and want others to decide their careers for them.
• D) None of these. According to the textbook, career counselors are useless.

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Definitions:

Income Effect

The change in an individual's or economy's income and how that change will affect the quantity demanded of a good or service.

Real Hourly Wages

The hourly wage of workers adjusted for inflation, representing the purchasing power of the income.

Real Wages

Wages adjusted for inflation, giving a true measure of the purchasing power of earned income over time.

Hourly Wage

The amount of money paid to an employee for every hour worked.