Sectoral Changes in Demand

question 20

Multiple Choice

Sectoral changes in demand

• A)create frictional unemployment,while firms paying wages above equilibrium to attract a better pool of candidates creates structural unemployment.
• B)create structural unemployment,while firms paying wages above equilibrium to attract a better pool of candidates creates frictional unemployment.
• C)and firms paying wages above equilibrium to attract a better pool of candidates both create structural unemployment.
• D)and firms paying wages above equilibrium to attract a better pool of candidates both create frictional unemployment.

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Definitions:

Effective Feedback

Constructive information given to individuals to help them recognize and build on their strengths and identify areas for improvement.

Comparison Other

A reference point used by individuals to evaluate their own situation, abilities, or opinions, often through comparison with others.

Feelings of Inequity

The perception or experience of unfair treatment compared to others, which can affect motivation and satisfaction.

Need for Achievement

Denotes an individual's drive to excel, achieve set goals, and accomplish tasks in a defined standard of excellence.