3. Assume that there is an increase in the labour participation rate in a country with a...

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3. Assume that there is an increase in the labour participation rate in a country with a growing number of females entering the workforce. What would you expect to happen to the average wage rate and how firms would respond to such a trend?

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Business Economics

ISBN: 388402

2nd Edition

Authors: Mark P. Taylor, Andrew Ashwin, N. Gregory Mankiw

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