Question : Because wage levels and other benefits are established by supply and demand, what type of market : 2134237
81. Because wage
levels and other benefits are established by supply and demand, what type of
market is the secondary labour market?
a. a free market
b. a closed market
c. a flexible market
d. a bull market
82. Because wage levels and other
benefits are established by the forces of supply and demand, as well as by the
power of those employed in it, what type of market is the primary labour market?
a. a free market
b. a closed market
c. a flexible market
d. a regulated market
83. The question of whether free or
regulated markets are better for society lies at the heart of much scholarly
controversy. Why do many economic sociologists find this division too
simplistic?
a. Regulation is not an either/or
issue but a matter of degree.
b. Markets are regulated in the
same way for all groups.
c. The costs and benefits of
regulation are distributed in one way.
d. Some markets are neither free
nor regulated.
84. Benjamin is engaged in a heated
argument with a classmate that a free market expands economic growth. Which
perspective does Benjamin most likely subscribe to?
a. the classical school of economic
sociology
b. the neoclassical school of
economics
c. internal labour market theory
d. socioeconomic stratification
theory
85. According to the textbook, how
many paid vacation days are guaranteed to workers annually in Canada?
a. 0
b. 5
c. 10
d. 15
