Economics Unit 4 Test

The economic theory states education increases productivity and results in higher wages.

• Contingent Employment

• Screening Effect

• Learning Effect

• Education Effect

The economic theory suggests that people who complete college are intelligent and hard-working.

• Screening Effect

• Contingent Employment

• Education Effect

• Learning Effect

Which of the following is not experiencing occupational growth in today's economy?

• Online Services

• Healthcare

• Manufacturing

• Desktop Publishing

Who graduates college at a higher rate at all degree levels?

• Men

• Women

This type of labor has no specialized skills, education or training.

• Semi-Skilled Labor

• Skilled Labor

• Unskilled Labor

• Professional Labor

This type of labor has advanced skills and education

• Skilled Labor

• Unskilled Labor

• Professional Labor

• Semi-Skilled Labor

This type of labor has specialized training and abilities

• Unskilled Labor

• Skilled Labor

• Professional Labor

• Semi-Skilled Labor

This type of labor has minimal skills and training?

• Professional Labor

• Skilled Labor

• Unskilled Labor

• Semi-Skilled Labor

Employers respond to high wages by doing which of the following?

• Replace workers with technology

• Hire the workers with the highest education levels to increase productivity

• Hire more women because they accept lower pay

• Hire the workers with the lowest skill levels to save on pay

Labor unions work to improve all the following but...

• Wages

• Benefits

• Quality of Life

• Working Conditions