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Economics Theme 3 > Supply Of Labour > Flashcards

Supply Of Labour Flashcards

1
Q

What are factors that influence the supply of labour?

A

Training period
Wages in other jobs
Income tax level
Working conditions
Trade union power
Social trends

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2
Q

What are some market failures in supply of labour?

A

Geographical mobility of labour
Occupational mobility of labour

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Economics Theme 3 (20 decks)

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