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In part(a) the demand and supply of labour for the economy is depicted.
We consider now in greater detail the relationship between the supply of labour and the real wage.
They are, one, the supply of labour force (which is dependent on the population growth) and two, the technological progress.
The prison served as a means of ensuring a supply of labour.
The total supply of labour in an economy depends on the following three factors:
Hong Kong has also had an abundant supply of labour from the region nearby.
Although excess supply of labour created enormous competition among workers, firms did not take advantage.
Industry also successfully lobbied for state housing to be built close by, to provide the new area with a supply of labour.
Similarly, if the price level should fall, the real wage would rise, creating an excess supply of labour.
Unions have some degree of monopoly power in their control over the supply of labour.
Five years was given to him to complete the work, and an unlimited supply of labour and material.
Some jobs require many years of training which restricts the supply of labour.
Many hotels and bridges were built by this large supply of labour in this time.
Eventually, when the supply of labour catches up with the demand for it, the economy breaks into a new equilibrium position.
Together with the implementation of this report, these priorities should contribute to an increase in the supply of labour.
There is a structural excess supply of labour.
Similarly, a fall in the real wage will induce a decrease in the supply of labour.
The supply of labour is normally expected to be in equilibrium with the demand for labour.
This, together with an active labour market policy, means an increased supply of labour but also reduced unemployment.
A doubling of both the money-wage rate and the price level should not alter the supply of labour.
On this argument, it is probable that the aggregate supply of labour will have a positive slope as shown in Fig. 2.5.
If wages rise, supply of labour will rise.
This is further supported by the relatively large scale of the project when compared to the supply of labour from the small village adjacent.
To the extent that a significant proportion of the increase is regarded as transitory, the supply of labour will rise.
Classical: excess supply of labour; excess demand for goods.
The other effect would be on the supply of labor.
Why is the supply of labor so unresponsive to pay?
The fall in injuries also raises the supply of labor available for work.
He said that these immigrants increase the overall supply of labor.
A limited supply of labor is also often a minor factor.
This is because these businesses are characterized by a short supply of labor and high growth.
To some extent, the supply of labor also fuels the demand for it.
In part(a) the demand and supply of labour for the economy is depicted.
This has the effect of increasing the supply of labor in that nation's market.
We consider now in greater detail the relationship between the supply of labour and the real wage.
They vary according to locality, demand for services and supply of labor.
It was the second weekly drop, and suggests that the supply of labor is still shrinking.
If both families had a sufficient supply of labor, then a bride and groom might elect to set up their own home.
They are, one, the supply of labour force (which is dependent on the population growth) and two, the technological progress.
"But the downside here, as in most of the state, is a scarce supply of labor."
The prison served as a means of ensuring a supply of labour.
The total supply of labour in an economy depends on the following three factors:
Hong Kong has also had an abundant supply of labour from the region nearby.
Although excess supply of labour created enormous competition among workers, firms did not take advantage.
Industry also successfully lobbied for state housing to be built close by, to provide the new area with a supply of labour.
Similarly, if the price level should fall, the real wage would rise, creating an excess supply of labour.
Unions have some degree of monopoly power in their control over the supply of labour.
Five years was given to him to complete the work, and an unlimited supply of labour and material.
Some jobs require many years of training which restricts the supply of labour.
In all the cases they cited, the skills available in the region, rather than the supply of labor, appear to have been the consideration.
