Question

In the formal sector of an economy, labor is __________.
A.
based heavily on services
B.
frequently done on a cash-only basis
C.
regulated by law and industry standards
D.
based on traditional values

Answer 1

I would go with C but that is just my opinion. Since there are different types of issues that are regulated by labor which include industrial law, hours of labor, child labor, minimum wage, and workers' compensation.