Unit 3 Econ

Plumbers, electricians, and auto mechanics provide this type of labor.

• unskilled

• semi-skilled

• skilled

This so-called ______ has made it difficult for women to advance to lead positions and make high salaries in corporations.

• barriers to entry

• glass ceiling

• screening effect

• learning effect

In the work force completion of college indicates to employers that the applicant is intelligent and hard-working. This is called...

• barriers to entry

• glass ceiling

• screening effect

• learning effect

In the work force education increases productivity and results in higher wages for workers. This is called...

• barriers to entry

• glass ceiling

• screening effect

• learning effect

Moving jobs out of the US to where labor is cheap and plentiful.

• glass ceiling

• corporate labor

• blue collar workers

• outsourcing

Which of these are examples of fringe benefits?

• group health insurance

• shares of corporation profits

• salaries

• golf club memberships

Cooks, bus drivers and secretaries provide this type of labor.

• unskilled

• semi-skilled

• skilled

Which of these is a consequence of outsourcing in America?

• low skilled jobs are not available

• jobs have demanded more skill

• jobs involve greater technological skills

• higher levels of education are required

Managers, doctors and teachers provide this type of labor.

• unskilled

• semi-skilled

• skilled

• professional

Discouraged workers in

the economy implies that the measurement of unemployment...

• understates the true unemployment rate

• overstates the true unemployment rate

• correctly measures the true unemployment rate

• doubles the unemployment rate