Economics SSS2 First Term
Test
Economics SSS2 First Term Final Assessment
Economics SSS2 First Term Final Assessment
20 questions · 20 points possible
- 01
Demand for labour may lead to the following except
- Increase in market wages
- Enables more workers to enter the labour market
- Increases in costs that come with hiring more labour
- Reduction of a company’s value
- 02
_______ may be defined as the rate at which labour is paid for the services it renders in production
- Wage rate
- Salary
- Taxation
- Wages
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