All of the Following Will Shift the Labor Supply Curve

question 267

Multiple Choice

All of the following will shift the labor supply curve except

• A)an increase in labor 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:

Discount Rate

The interest rate used to discount future cash flows to present value, often applied in investment and finance to determine the present worth of future cash flows.

Carrying Amounts

The amount at which an asset or liability is recognized in the balance sheet, after deducting any accumulated depreciation, impairment, or amortization.

Contingent Asset

A potential asset that may arise depending on the outcome of a future event, not recognized in financial statements until certain.

AASB 137

An Australian Accounting Standards Board standard related to the accounting for provisions, contingent liabilities, and contingent assets.