Explain this statement Population Growth and Labor Force Expansion: Growth in the population and an expanding labor
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Explain this statement
- Population Growth and Labor Force Expansion: Growth in the population and an expanding labor force can increase the number of workers available, which can raise potential output. An outward movement of the LRAS curve may result from more persons entering the labor force.
Related Book For
Organizational Behavior Integrating Individuals Groups And Organizations
ISBN: 9780415804646
4th Edition
Authors: Joseph E. Champoux
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