The aggregate quantity of labour supplied will generally rise when there is an increase in
1) Immigration;
2) labour- force participation rates;
3) the retirement age.
A) 1, 2, and 3
B) 1 only
C) 1 and 3
D) 2 and 3
E) 1 and 2

Question

Quizplus · Accepted Answer

All three factors—immigration, increased labor-force participation rates, and a higher retirement age—contribute to an increase in the aggregate quantity of labor supplied.

The Aggregate Quantity of Labour Supplied Will Generally Rise When