Which would create labor adjustment costs?
A) a major recession
B) higher gas prices that hurt SUV manufacturers but create a boom in the hybrid industry
C) a cultural shift that influences more students to attend college
D) an increase in the number of foreign workers entering the country
Correct Answer:
Verified
Q79: Many investments are irreversible because they involve:
A)
Q80: Many investments involve _,which are a characteristic
Q81: The cost of shifting workers from declining
Q82: For a given negative economic shock,an economy
Q83: Labor adjustment costs result in:
A) higher unemployment.
B)
Q85: Losing a job that pays especially well
Q86: If labor adjustment costs are higher for
Q87: A negative shock to aggregate demand will
Q88: Adam is unemployed and can try to
Q89: When a U.S.air conditioner factory relocates to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents