QUESTION 4 By referring to Robert E. Hall (1991) study, explain the factors and effects of elasticity
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QUESTION 4
By referring to Robert E. Hall (1991) study, explain the factors and effects of elasticity and flatness of labour demand[i].
(25 Marks)
[i] Robert E. Hall, 1991. "Labor Demand, Labor Supply, and Employment Volatility," NBER Chapters, in: NBER Macroeconomics Annual 1991, Volume 6, pages 17-62, National Bureau of Economic Research, Inc
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