Question

Most new workers in the labor force are men. True or The following factors affect the labor market EXCEPT:
a.
Government actions
b.
Social change
c.
Population shifts
d.
Teamwork

Answer 1

Answer:

population shift

Explanation:

immigration, population growth: As the population grows or shrinks, the labor supply will tend to shift to the right or to the left. In a competitive labor market, the wage has two properties:

1. It adjusts to make supply and demand for labor equal.

2. It equals the value of the marginal product of labor.