Considering the Changing Labor Market, Which of the Following Strategies

question 66

Multiple Choice

Considering the changing labor market, which of the following strategies would be most likely to prevent high rates of youth unemployment?

• A) to give employers financial incentives to employ undereducated employees
• B) to reform schools so that all students graduate with enough academic skills to enroll in college
• C) to change the age limit of service jobs
• D) to expand employment opportunities in the private sector

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Definitions:

Swedish Krona

The official currency of Sweden, often represented by the abbreviation SEK.

Property, Plant, and Equipment

Tangible long-lived assets used in the operations of a business, including land, buildings, and machinery.

ASPE

Accounting Standards for Private Enterprises; these are simplified accounting principles for private companies in Canada, allowing them to prepare financial statements without adhering to the more complex IFRS.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.