A multiple choice Q (1 Viewer)

[pc4pc]

from Australia in the Global Economy Workbook - 3rd Edition

Chapter 8, Q7

Which of the following government policies has led to an increase in the amount of underemployment in Australia in recent years?

A) Privatisation of government owned businesses
B) Deregulation of the labour market
C) Reduction in tariff barriers
D) Higher interest rates

tbh i don't even know what to eliminate first

 

[pc4pc]

appreciated [=

 

[5q7]

Which of the following government policies has led to an increase in the amount of underemployment in Australia in recent years?

A) Privatisation of government owned businesses
B) Deregulation of the labour market
C) Reduction in tariff barriers
D) Higher interest rates

I would say B because the deregulation has led to a "casualisation" of the workforce, ie, more people are working in casual and part-time positions and seek more work.

 

[nickthebiscuit]

B

C/D don't really contribute much directly to the labour market -> have a more significant effect on trade, investment and consumption.

As for privatisation of govt. owned business ... it possibly relates to the the labour force etc, but the most contextually correct answer would be B~