Given the continuing decline in manufacturing's share of total employment in Canada and other developed economies, which of the following provides a possible explanation that this phenomenon is a genuine problem?
A) Productivity increases in the service sector are likely underestimated.
B) Many service jobs are low- wage, part- time, jobs, and many are without benefits.
C) The decline is partly due to increasing productivity in that sector.
D) Real disposable income has continued to rise.
E) Consumers have an increased demand for services as real income increases.
Correct Answer:
Verified
Q17: Consider a small, remote town with only
Q18: Q19: One attempt to provide some minimum level Q20: If we compare the wage rate and Q21: If a wage- setting union enters a Q23: If a minimum wage is set above Q24: The diagram below shows the supply and Q25: Wage differentials due to cross- worker differences Q26: The average union wage premium in Canada Q27: Unions currently represent employed workers in Canada.![]()
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