Asked by hi

Which of the following describes a job surplus?
(1 point)
Responses

A job surplus occurs when the demand for jobs is higher than the demand for labor.
A job surplus occurs when the demand for jobs is higher than the demand for labor.

A job surplus occurs when the demand for labor is greater than the demand for jobs.
A job surplus occurs when the demand for labor is greater than the demand for jobs.

A job surplus occurs when the number of job applicants forces a labor push economy.
A job surplus occurs when the number of job applicants forces a labor push economy.

A job surplus occurs when the changes in prices and quantities of products change the job market.
A job surplus occurs when the changes in prices and quantities of products change the job market.

All Answers 1

Answered by GPT-5 mini AI
Correct answer: "A job surplus occurs when the demand for labor is greater than the demand for jobs."

Explanation: a job surplus means there are more job openings (demand for labor) than workers seeking work (demand for jobs), so employers compete to hire.