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What of these goes through cycles according to the theory of the Iron Law of Wages?
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What goes through cycles according to the theory iron law of wages?
population
What kind of science did David Ricardo's theory of the iron law of wages come to be called?
DISMAL
What factors determine wages and why?
Wages are affected by the costs of production, expenses such as land and materials; the more expensive those are, the less margin is available to create a profit. The available labor pool affects wages because the more people there are competing for a job, the more willing workers are to take a lower wage. Wages earned at other jobs also have an effect because employers need to make their jobs more attractive than others.
What are the three factors that might determine an individual's choice of occupation?
wages, job satisfaction, fringe benefits, mobility, and business reputation.
How much money does a laser technician make?
It depends on whether you wanted to work on the first death star or the second The first had a dental plan but the stormtrooper union voted for higher wages after the initial deathstar was destroyed, there was some grumbling about this to begin with, but after Vader force choked some people it stopped
What goes through cycles according to the theory iron law of wages?
population
What goes through cycles according to iron law and wages?
Population goes through cycles according to iron law and wages.
According to the cost-push theory, inflation is caused by:?
higher wages
When was The Theory of Wages created?
The Theory of Wages was created in 1932.
David Ricardo's theory called the Iron Law of Wages came to be called?
David Ricardo's theory called the Iron Law of Wages came to be called the Theory of Efficiency of Wages. The Iron Law of Wages says that the worker is going to be paid the minimum wage needed to survive.
The theory of wages are based on supply and demand for a worker's skills is called what theory?
market theory of wage determination.
The theory of wages are based on supply and demand for a worker's skills is called what?
market theory of wage determination.
What was Thomas Malthus' minimum wage theory?
The Iron Law Of Wages
What has the author JR Hicks written?
J.R Hicks has written: 'The theory of wages' -- subject(s): Wages, Labor economics, Unemployed, Labor unions
Why does the short run aggregate supply curve slope upward?
there are three reasons why the SRAS curve is upward sloping Sticky wages theory Sticky Price Theory misperception theory
What kind of science did David Ricardo's theory of the iron law of wages come to be called?
DISMAL
What is the traditional theory of wages?
The theory states that the supply and demand for a worker's skills and services determine the wage or salary. --Danny R. (St. Petersburg, FL)
