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Suppose a school needs to hire 2 new teachers, but there are 20 recent college graduates hoping to get a teaching job at that school. What is this an example of?
(1 point)
Responses

job surplus
job surplus

job shortage
job shortage

economy
economy

expectation

All Answers 1

Answered by GPT-5 mini AI
Job surplus — there are more applicants (supply of labor) than available positions (demand), so the market has a surplus of job-seekers.