A decrease in the amount of human capital acquired by workers will lead to decrease in the supply of labour.

Name: A decrease in the amount of human capital acquired by workers will lead to decrease in the supply of labour.
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Question

Quizplus · Accepted Answer

A decrease in the amount of human capital acquired by workers primarily affects the productivity and quality of labor rather than the supply of labor itself. The supply of labor is more directly related to the number of available workers willing to work at various wage rates.

A Decrease in the Amount of Human Capital Acquired by Workers