Question
Suppose the entry of women into the paid workforce increases the supply of labour and make it more elastic. What is likely to happen to
Suppose the entry of women into the paid workforce increases the supply of labour and make it more elastic. What is likely to happen to average wages and the responsiveness of wages to demand shocks
- wages will decrease and the responsive of wages to demand shocks will increase
- wages will decrease and responsive of wages to demand shocks will decrease
- there will be no change in wages but the responsive of wages to demand shocks will increase
- wages will increase and the responsive of wages to demand shock will increase
- wages will increase and the responsive of wages to demand shock will decrease
please which one and why ?
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Crashed How A Decade Of Financial Crises Changed The World
Authors: Adam Tooze
1st Edition
0143110357, 9780143110354
