Efficiency And Mobility of Labour Force - SS1 Economics Past Questions and Answers - page 1
1
What is labour force efficiency?
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A
The ability of the labour force to move between jobs and industries
B
The productivity of the labour force
C
The size of the labour force
D
The percentage of the labour force that is unemployed
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2
What factors can impact labour force efficiency?
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A
Education
B
Technology
C
Training
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D
All of the above
3
What is labour force mobility?
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A
The ability of the labour force to move between jobs and industries
B
The productivity of the labour force
C
The size of the labour force
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D
The percentage of the labour force that is unemployed
4
Why is labour force mobility important for economic growth?
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A
It allows the labour force to adapt to changing economic conditions
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B
It reduces the size of the labour force
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C
It increases the percentage of the labour force that is unemployed
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D
It makes the labour force less efficient
5
What are some barriers to labour force mobility?
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A
Lack of transportation
B
High cost of living in certain areas
C
Lack of job opportunities in certain industries
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D
All of the above
7
Why is labour force mobility important for economic growth?
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