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Title: How will an increase in population affect the labor market? Post by: Lopezj273 on Feb 28, 2019 Question 1. The labor supply for an industry would decrease if• the wage rate falls. • the percentage of the population from age 16 to 65 decreases. • the government welcomes foreign workers into the country. • a greater percentage of women want to work outside the home. Question 2. How will an increase in population affect the labor market?• It will shift the market supply curve. • It will cause a decrease in the quantity of labor demanded. • It will increase the supply of jobs. • It will increase the opportunity cost of leisure. Title: How will an increase in population affect the labor market? Post by: gumpfable on Feb 28, 2019 Content hidden
Title: How will an increase in population affect the labor market? Post by: Lopezj273 on Feb 28, 2019 Exactly what I needed for my project, TYSM
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