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Refer to the following figure when answering the following questions.
Figure 16.5: U.S. Household Net Worth
-Based on Figure 16.5, personal savings generally ________ over the period. However, personal savings ________ between roughly 2007 and 2009, which was likely due to ________.
Labor Demand
The total number of hours of employment that employers are willing to hire at a given wage rate, in a specific period.
Labor Supply
The total hours that workers are willing and able to work at a given wage rate in a specific time period.
Realistic Job Preview
Background information about a job's positive and negative qualities.
On-Campus Interviewing
A recruiting process where employers visit colleges and universities to conduct interviews with students for potential employment opportunities.
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