Which of the following examples would most likely result in high costs for workers?
a. Sports equipment production remains steady with just enough job applicants to meet demand.
b. Computer job openings have an overflow of applicants with computer science degrees.
c. An agricultural recession results in a widespread lay off of farm workers.
d. A diamond mining boom causes skilled miners to be in short supply.
d. A diamond mining boom causes skilled miners to be in short supply.
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Monetary policy-makers can help smooth out the fluctuations of the business cycle by _____.
(A) Implementing inside lags. (B) Reacting to current trends. (C) Practicing good timing. (D) Examining banks.
A job leaver is an individual
A) in the labor force whose employment was involuntarily terminated. B) who used to work full time but left the labor force and has now reentered it looking for a job. C) in the labor force who quits voluntarily. D) who has never held a full-time job lasting two weeks or longer but is now seeking employment.