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:

Post-September 11

The period following the terrorist attacks in the United States on September 11, 2001, marked by significant changes in global politics, security, and attitudes toward terrorism.

Terrorism

The use of violence and intimidation, especially against civilians, in the pursuit of political goals.

Victims

Individuals who suffer harm, injury, or loss as a result of a crime, accident, or other event or action.

Underground Economy

Economic activities that are not reported to the government and therefore not taxed or included in official economic statistics, often involving cash transactions.