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What can cause a shift in the labor supply curve?

Economics Dec 17, 2020

What can cause a shift in the labor supply curve?

Expert Solution

The labor supply curve shows the total number of workers that are willing to work at a given wage rate. As such, changes in population or income can cause it to shift. Immigration, migration, and demographic changes all affect the population. Changes in the wage rate also directly relate to shifts since this is what the curve specifically measures.

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