_______ is the market for workers.

Question

Quizplus · Accepted Answer

The labor market is the market where workers and employers interact to determine wages and employment levels. The stock market is a market for stocks and other securities, not related to labor or employment. The demand coefficient is a measure of the responsiveness of quantity demanded to changes in price, and is not directly related to the labor market. Labor supply is the willingness and ability of workers to work at different wage rates, which is one factor affecting the labor market, but not the market for workers in itself.

_______ Is the Market for Workers