People will be induced to enter the workforce when:

Name: People will be induced to enter the workforce when:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

People are more likely to enter the workforce when wages rise as it gives them more incentive to work, resulting in a higher income. Conversely, when wages fall or non-wage benefits are reduced, people may be less motivated to work or may seek alternative employment opportunities. Therefore, the best choice in this scenario is D.

People Will Be Induced to Enter the Workforce When