The Standard Occupational Classification (SOC)of 2010 Does Not ________

question 130

Multiple Choice

The Standard Occupational Classification (SOC) of 2010 does not ________.

• A) reflect actual changes in the nature or organization of work activities in the economy
• B) allow organizations to seek greater recognition for their members' occupations
• C) allow organizations to seek a higher profile for their members' occupations
• D) include sweeping changes in the descriptions of nearly all current occupations

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to buy at a given price in a given time period.

Substitute Resources

Alternative resources that can be used in place of another for the production of goods and services.

Resource

A source or supply from which benefit is produced, typically natural, human, or capital resources used to produce goods and services.

Minimum Wage

The lowest legally allowable pay per hour for workers, set by government policy.