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JAMB - Economics (2019 - No. 64)

The determination of wages in a labour market depends on the_______
Government
People
Interaction between demand and supply of labour
Economy

Vysvětlení

Irrespective of the presence of labour unions, labour laws and other forces, the interaction between dd and ss of labour determines the wages in a labour market i.e where dd for labour equals ss of labour.

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