All of the Following Will Shift the Labour Supply Curve

question 208

Multiple Choice

All of the following will shift the labour supply curve except

• A)an increase in labour force participation rate among women.
• B)an increase in the average age of retirement.
• C)an increase in the wage rate.
• D)a change in a country's immigration policy.

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Definitions:

Chief Financial Officer

A high-ranking executive responsible for managing the financial actions of a company, including financial planning, record-keeping, and reporting.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific time, showing assets, liabilities, and equity.

Cash Flow Statement

A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Accounting Equation

The accounting equation is a fundamental principle of accounting that states that assets equal liabilities plus equity; it forms the basis for double-entry bookkeeping.