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:

Developed Countries

Nations with a high level of economic development, typically characterized by a high gross domestic product (GDP) per capita.

Leveled Off

A state where a variable, after a period of growth or decline, stabilizes and shows no significant change.

Biodiesel

A renewable, clean-burning diesel substitute produced from a variety of biomass sources, such as vegetable oils and animal fats.

Economically Viable

The ability of a project or business to generate a profit or sufficient benefits to cover its expenses and provide a return on investment.