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Labour Market (Chapter 13)-Oskar Ye

Economics bonus points

oskarye ye

on 28 April 2010

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Transcript of Labour Market (Chapter 13)-Oskar Ye

Chapter 13-Labour Market Oskar Ye In economics, labour is a measure of the work done by human beings.
Labour is one of the three factors of production. Labour markets is the market for labour. The supply of labor is determined by:
1. Hours worked
2. Labor force Participation
3. Immigration Earning Benefit from education and experience As wage rise, workers may work fewer hours.
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