An increase in the wage rate:

Related MCQs

• The labour market equilibrium determines the wage rate and
• The labor market equilibrium determines the wage rate and
• Increasing the minimum wage for workers will:
• According to Kaldor-Hicks compensation criteria, the proposed change will increase the social welfare if
• The first condition of which economist states that welfare is said to increase when national income increases
• Changes in the rate of interest affect the amount of money held for
• Who has contributed the modem theory of interest rate determination?
• With decrease in price of bonds, rate of interest:
• The statement "The unemployment rate for teens is higher than that for adults" is
• Internal rate of return is also identified as the