Asked by
Morgan Carter
on Dec 12, 2024
Verified
Which of the following is true of occupational licensing laws?
A) Occupational licensing requires that the competency of workers be certified, but no one is prohibited from providing their services in the licensed occupations.
B) Occupational licensing laws reduce competition in some occupations and make it more difficult for new entrants to compete in these labor markets.
C) Occupational licensing has become less common over the past 40 years in the U.S.
D) Occupational licensing is mandated by the Occupational Safety and Health Administration in order to make employment safer for workers.
Occupational Licensing Laws
Regulations that require individuals to obtain permission, usually in the form of a license, before they can legally work in certain professions.
Labor Markets
The supply and demand for labor, where employers seek to hire workers and workers seek employment.
Competency
An individual's ability or skill in performing a task effectively.
- Investigate the consequences of occupational licensing and structural barriers on employment rates and wage scales.
Verified Answer
BB
Learning Objectives
- Investigate the consequences of occupational licensing and structural barriers on employment rates and wage scales.