In the late 1990s, some observers wanted to alter the composition of labour input somewhat such that more jobs are created and those with jobs work fewer hours. What type of policy measure might promote that goal?

Question

Quizplus · Accepted Answer

Increasing the overtime premium can encourage employers to hire more workers instead of paying existing employees to work longer hours, thus potentially creating more jobs and reducing the hours worked by those already employed.

In the Late 1990s, Some Observers Wanted to Alter the Composition