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There Are Only Two Ways of Controlling Labour Supply Through

question 152

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There are only two ways of controlling labour supply through decruitment: firing and early retirements.


Definitions:

Physiological Arousal

A state of heightened physiological activity, involving the nervous and endocrine systems, often in response to stimuli.

Autonomic Nervous System

A part of the peripheral nervous system that controls involuntary bodily functions, including heart rate, digestion, and respiratory rate.

Medulla

A section of the brainstem involved in autonomic functions such as breathing, heart rate, and blood pressure.

Achievement Motivation

The drive to pursue and meet (usually high) standards of accomplishment and the desire to undertake success-oriented activities.

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