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Labor and Wages Flashcards | StudBud
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Labor and Wages
A nurse is an example of
The supply of labor comes from
Labor and Wages
9 terms
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StudBud Administration
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164 plays
General level econ
Flashcards
9 cards
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Questions
9
Answers
1
The supply of labor comes from
Workers
Businesses
2
A nurse is an example of
A semi-skilled laborer
A skilled laborer
An unskilled laborer
A professional laborer
3
The demand for labor comes from
Businesses
Workers
4
This type of labor demands advanced skills and education
Semi-skilled
Unskilled
Professional
Skilled
5
Which of the following does NOT result in higher wages for workers?
Wage discrimination
Safety laws
Minimum wage
Unions
6
This kind of labor requires no skills or education
Professional
Semi-skilled
Skilled
Unskilled
7
Someone who picks up garbage for a job is a
Semi-skilled laborer
Skilled laborer
Unskilled laborer
Professional laborer
8
True or false: This is the cutest thing you've seen all morning.
False
True
9
Wages are typically high for jobs that have
Low demand for labor, but high supply of labor
High demand for labor, but low supply of labor
None of the above
Low demand for labor and low supply of labor
