The Aggregate Quantity of Labour Supplied Will Generally Rise When

question 20

Multiple Choice

The aggregate quantity of labour supplied will generally rise when there is an increase in
1) immigration;
2) labour-force participation rates;
3) the retirement age.

• A) 1 and 2
• B) 1 and 3
• C) 2 and 3
• D) 1, 2, and 3
• E) 1 only

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Definitions:

Financial Performance

An assessment of how well an organization is utilizing its assets to generate profits and cash flow.

Organizational Benefits

Advantages that accrue to a company or institution, ranging from improved efficiency and productivity to enhanced reputation and employee wellbeing.

Training And Development

A functional area of human resource management focusing on organizational activities that aim to improve individual and group performance within a business setting.

Performance Management

The process of ensuring that a set of activities and outputs meets an organization's goals in an effective and efficient manner.