entertainment can influence the labour market. Explain their argument. In your answer discuss the effects on the key labour market variables such as labour force participation rate, employment rate and unemployment rate, and point out the key assumptions.

entertainment can influence the labour market. Explain their argument. In your answer discuss the effects on the key labour market variables such as labour force participation rate, employment rate and unemployment rate, and point out the key assumptions.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 1P

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Some economists argue that the availability of cheaper and better video games and online
entertainment can influence the labour market. Explain their argument. In your answer
discuss the effects on the key labour market variables such as labour force participation
rate, employment rate and unemployment rate, and point out the key assumptions.

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