Share which aspects of the labor market you find more intriguing or you can relate most...

Share which aspects of the labor market you find more intriguing or you can relate most to.

Expert Solution

One of the most important aspects of labour market is the minimum wage laws and this is most important because of the fact that it cannot be understood whether the Welfare overall is increased or decreased a wage laws can reduce the exploitation caused to the workers and on the other hand it can also raise unemployment levels and that is the reason why optimality should be achieved between them and this aspect makes it more interesting. Other aspect of labour market it is regarding the leisure model where it is important to understand the willingness to accept of a particular worker which should be in line with his skills so that he would give up his pleasure and work

Rahul Sunny answered 2 years ago

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