Question

1. Which type of worker is more likely to operate in the secondary labor market?
a. Workers who have little or no incentive to remain with the firm
b. Workers who are employed at the port of entry and are promoted quickly
c. Long‐term employees
d. The long‐term unemployed
i). Which of these industry sectors is most likely to have a high internal labor market
influence?
a. Retail sector
b. Highly competitive product markets
c. Public sector
d. None of the above
ii). Internal labor markets provide employees
a. A shield from the external labor market
b. Career progression path within the firm
c. An implicit contract for a long term relationship between employee and
employer
d. All of the above
iii). The segmented labor market incudes
a. Primary market and the newly unemployed
b. Primary and secondary markets
c. Primary market, secondary market, and the newly unemployed
d. Primary market, secondary market, and external labor market

Answer 1

1. d. The long‐term unemployed

This is because an unemployed person would even be willing to get a temporary job such as of secondary market.

2. c. Public sector

This is because in the public sector only entry-level jobs are offered and further internal labour market operates.

3. b. Primary and secondary markets

​​​​​​​This is as per the segmentation principal.