Growth in employment can result

Question

Quizplus · Accepted Answer

Growth in employment can result from an increase in labor supply, such as an increase in population or immigration, or an increase in labor demand, such as an expansion of businesses or an increase in government spending. It can also result from changes in technology, which can create new job opportunities, and can lead to an increase in either labor supply or demand. The statement in option E is not necessarily true, as employment growth can occur even if the wage rate remains constant or increases.

Growth in Employment Can Result