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help with some q's (1 Viewer)

d3st1nyLiang

Premium Member
Joined
Jan 23, 2009
Messages
511
Gender
Male
HSC
2011
Labour markets

1. Account for why the labour force participation rate is important to the economy
2. Explain how the labour market is similar to and different from markets for consumer goods and services
3. Identify whether there are any other dimensions to the unemployment problem beyond those included in the ABS measure
4. Discuss the extent to which our present wage determination system encourages
a) direct bargaining between employers and employees
b) improved productivity and efficiency
5. Examine the relationship between work and quality of life
6. Assess the impact of labour market trends on individuals and predict the impacts on society and the economy of changes to the nature of work and the workforce

Markets

1. Identify how business and governments can use information from the market
2. Explain the effects of changing levels of competition and market power on price and output

Financial markets
1. Examine the contribution of financial markets to the economic welfare of individuals and firms
2. Discuss the need for regulation in financial markets
3. Compare and contrast financial markets with product markets


thanks
 

munchiecrunchie

Super Member
Joined
Apr 2, 2007
Messages
432
Gender
Female
HSC
2008
Hey,

Perhaps you would benefit more if you attempted the questions first yourself. If you've done that already, it would probably be a good idea to post up the specific difficulties that you're having.
 

d3st1nyLiang

Premium Member
Joined
Jan 23, 2009
Messages
511
Gender
Male
HSC
2011
sections in the textbook which answer the q's, and these are the questions i have trouble with
 

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