The Aggregate Quantity of Labour Supplied Will Generally Rise When

question 6

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

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Definitions:

Conscientious

Characterized by a high level of care, diligence, and a desire to do a task well, often associated with a strong sense of duty and responsibility.

Explicit

Clearly expressed or fully revealed in the form of details, leaving no room for confusion or doubt.

Judicious

Having, showing, or done with good judgment or sense.

Crowdsourcing

The practice of engaging a crowd or group of people to contribute knowledge, ideas, skills, or services to a project or problem, often via the internet.