The Labour Market (AQA A-Level Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does a typical market supply of labour curve show?
What does a typical market supply of labour curve show?
Positive link: wage up, labour supply up
What does 'labour supply' specifically refer to?
What does 'labour supply' specifically refer to?
Number of hours workers will work
What is the primary factor influencing how much labour workers are willing to supply?
What is the primary factor influencing how much labour workers are willing to supply?
The money wage rate
Which of these is a non-monetary benefit affecting labour supply?
Which of these is a non-monetary benefit affecting labour supply?
Job security
What happens to the labour supply curve when non-monetary benefits improve?
What happens to the labour supply curve when non-monetary benefits improve?
Shifts right: more labour at each wage
If leisure is a normal good and income rises, what happens to labour supply?
If leisure is a normal good and income rises, what happens to labour supply?
Supply curve shifts left
How does a rise in population (e.g., from immigration) affect labour supply?
How does a rise in population (e.g., from immigration) affect labour supply?
Shifts supply curve right
What does elasticity of supply of labour measure?
What does elasticity of supply of labour measure?
Responsiveness of supply to wage change
Which type of labour typically has more elastic supply?
Which type of labour typically has more elastic supply?
Unskilled labour