shifts of labour supply curve
Cards (25)
- According to the video, what can changes in wages lead to in the labor market?
- What are non-wage determinants of labor supply?
- On which axis is the real wage represented in the labor market graph?
- On which axis is the quantity of workers represented in the labor market graph?
- What does a shift in the labor supply curve indicate?
- How does a high wage in substitute occupations affect labor supply in the current profession?
- What happens to the labor supply curve if wages in substitute occupations are high?
- What happens to the labor supply curve if wages in the current profession are high?
- How do stricter minimum entry requirements affect the labor supply in a profession?
- What happens to the labor supply curve when barriers to entry increase?
- How do relaxed minimum entry requirements affect the labor supply in a profession?
- What happens to the labor supply curve when barriers to entry decrease?
- Why is it difficult to become a doctor?
- What are non-monetary characteristics of a job?
- How do strong non-monetary characteristics affect the labor supply curve?
- How do poor non-monetary characteristics affect the labor supply curve?
- What does improved occupational mobility of labor lead to?
- What happens to the labor supply curve with improved occupational mobility?
- How does a more educated workforce affect labor supply?
- How does the ability to work overtime affect the labor supply curve?
- How does increased immigration affect the labor supply in specific industries?
- How does an increased value of leisure time affect the labor supply?
- How does a decreased value of leisure time affect the labor supply?
- What is the main topic of the video?
- According to the video, what political union was the UK part of in April 2016?