BofA Plans to Hire Up to 5,000, CEO Moynihan Says
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Business, Life Skills
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main roles of the Federal Reserve in relation to employment?
To reduce the turnover rate in companies
To directly hire employees for companies
To maintain price stability and full employment
To increase the number of job openings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge companies face in the current labor market?
Lack of job openings
Low demand for services
High quit rates and difficulty in hiring
Excessive government regulations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which industry is mentioned as needing to add people back due to final demand?
Agriculture
Technology
Manufacturing
Services like hotels and restaurants
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason people might not be returning to the workforce?
The wealth effect allowing for early retirement
Lack of job opportunities
Higher education requirements
Increased job satisfaction
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does full employment typically lead to in terms of wages?
No change in wages
Decreased wages
Stagnant wages
Increased wage growth
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