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PF6: S/D labor, categories of labor

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Last updated over 6 years ago
5 questions
1
1
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Question 1
1.

Question 2
2.

Question 3
3.

Question 4
4.

Question 5
5.

Which of the following leads to higher wages?
High demand and low supply of labor
Low demand and low supply of labor
Low demand and high supply of labor
High demand and high supply of labor
Which of the following categories of labor requires specialized training and skills?
Unskilled labor
Skilled labor
Semi-skilled labor
Professional labor
Which of the following categories of labor demand advanced skills and education?
Skilled labor
Professional labor
Unskilled labor
Semi-skilled labor
Waiters, messengers and janitors are examples of what category of labor?
Semi-skilled labor
Unskilled labor
Professional labor
Skilled labor
Workers who invest less in themselves as human capital can expect
Lower productivity and lower wages over their lifetime
Lower productivity and higher wages over their lifetime
Higher productivity and lower wages over their lifetime
Higher productivity and higher wages over their lifetime