which markets determines the real wages and employment
Answers
Answered by
0
Answer:
hi dude
Happy navratri
Explanation:
The labour market includes the supply of labour by households and the demand for labour by firms. Wages represent the price of labour, which provide an income to households and represent a cost to firms. In a hypothetical free market economy, wages are determined by the unregulated interaction of demand and supply
Similar questions
Math,
3 months ago
Social Sciences,
3 months ago
English,
3 months ago
Chemistry,
6 months ago
Science,
6 months ago
Computer Science,
10 months ago
Computer Science,
10 months ago