Test — Test Answers

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The following factors affect the labor market EXCEPT:

A
Government actions
B
Social change
C
Population shifts
D
Teamwork
2
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As the demand for goods and services increases, job growth _____.

A
increases
B
decreases
C
remains the same
D
none of the above
3

In order for the economy to be strong, individuals must _____.

A
produce goods and pay workers
B
provide labor and pay workers
C
produce goods and buy goods
D
provide labor and buy goods
4

_____ are the cost of borrowing money.

A
Job networks
B
Interest rates
C
Business cycles
D
Unemployment phases
5

A pair of shorts, a DVD, a car, and a necklace are all considered goods or items that people buy.

A
T
B
F
6

Getting a haircut from a barber is an example of a service that can be purchased.

A
T
B
F
7

List the four workplace trends discussed in the lecture.

Answer not available
8

What is one advantage and one disadvantage of the global economy for American workers?

Answer not available
9

Anita is interested in new technology that can make the processes at her business run more smoothly. What resources could she use to assist her in learning about new technologies?

A
Classes
B
Online forums
C
Workshops
D
All of the above
10

Most new workers in the labor force are men.

A
T
B
F
11

List the five factors that affect the labor market.

Answer not available
12

Discuss how the workplace is changing and why it is important to understand workplace trends.

Answer not available
13

Most new jobs in the United States will be in the _____.

A
manufacturing industries
B
goods-producing industries
C
service-producing industries
D
agriculture-producing industries
14

What are the four steps you can take if you are at risk of becoming unemployed? Explain each answer.

Answer not available
15

A workplace is where people _____.

A
do work
B
find new jobs
C
go when they are unemployed
D
read advertisements for job openings

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