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by helping good employees find jobs, the government is also helping employers find good employees

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Emie Howe

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1y ago
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14y ago

the more people that are employed, the more people that are able to support themselves financially.

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Q: How employers benefit from the government being involved in the labor market?
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How do employers benefit from the government being involved in the labor market?

by helping good employees find jobs, the government is also helping employers find good employees


When is it best for government to play a role in the market?

Governments should intervene in the market when there are market failures such as monopolies, externalities, or public goods provision. Additionally, government intervention is warranted during emergencies or crises to stabilize the economy. Ultimately, the goal is to create a balance that promotes competition, protects consumer rights, and ensures fair market practices.


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Under the economic theory of a free market system, the government does not get involved in the economy. This is true to a certain extent. Government is usually involved when banks fail, larger companies fail, and when farmers need relief from lower prices.


In a market economy what are the most important factors affecting scarcity?

C) the degree to which the government is involved in the allocation of resources.


Is the government involved with the labor market?

the more people that are employed, the more people that are able to support themselves financially.


A government that operates a market economy MIGHT become involved in the economy?

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Total customer benefit is the perceived monetary value of the bundle of economic, functional and psychological benefits customers expect from a given market offering because of the products, services, personnel, and image involved


Which of the following best explains why the level of wages in the US doesn't follow pure free market principles?

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What is the best definition of the public job market?

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