Suppose That the Bureau of Labor Statistics Predicts That the Number

question 24

Multiple Choice

Suppose that the Bureau of Labor Statistics predicts that the number of jobs for dental hygienists will grow faster than most occupations while the number of jobs for bookbinders will decline.This change in the labor market could lead to

• A)frictional unemployment created by efficiency wages.
• B)structural unemployment created by efficiency wages.
• C)frictional unemployment created by sectoral shifts.
• D)structural unemployment created by sectoral shifts.

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Definitions:

Business Report

A document that presents information in an organized format for a specific audience and purpose.

Situation

A set of circumstances or a scenario in which an individual finds themselves or that requires action or decision.

Information Gathering

The process of collecting data, facts, or details from various sources to enhance knowledge or inform decision-making.

Business Report

A formal document that conveys information or data, analyzes issues, and makes recommendations for business purposes.