In a perfectly competitive labor market what will be the
1. In a perfectly competitive labor market, what will be the impact of an increase in labor productivity on equilibrium wages and employment? Diagram needed
2. What is frictional unemployment? How is it different from Disguised unemployment?
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1 in a perfectly competitive labor market what will be the impact of an increase in labor productivity on equilibrium
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1 briefly explain with the help on an example what is meant by the screening hypothesis2 using examples briefly
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