Suppose the Demand for Hard-Wood Flooring Increases,while the Demand for Wall-To-Wall

question 27

Multiple Choice

Suppose the demand for hard-wood flooring increases,while the demand for wall-to-wall carpeting decreases.Based on this change in consumer tastes,the demand for hard-wood-flooring factory workers in North Carolina increases,while the demand for carpet factory workers in Georgia decreases.This is an example of

• 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:

Developmental Relationship

A connection between individuals where one or more parties benefit from growth, learning, and personal or professional improvement.

Female Managers

Women who hold management positions in organizations, supervising the work of others and involved in strategic decision-making.

Male-Dominated Industries

Sectors of the economy where the workforce or leadership is predominantly male.

Formal Mentoring Programs

are structured initiatives within organizations that pair less experienced employees with more experienced colleagues to facilitate personal and professional growth.