Example sentences of "demand for labour " in BNC.

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1 The government did not have to concern itself with the balance of payments ( which was always expected to be favourable or self-adjusting ) , free trade meant that there was no need for elaborate connections with industry , the level of employment had to be left to the supply and demand for labour , and all that the government should do was elementary regulation in the interests of those sections of the community unable to defend themselves .
2 Along the horizontal axis are measured the supply of and demand for labour in the ith market , and respectively .
3 Hence , no matter how competitive labour and commodity markets are ( Keynes assumed perfect competition in the former and allowed for a high degree of competition in the latter ) , imbalances between the supply of and demand for labour would not be rectified through spontaneous variations in the real wage rate .
4 Only when some convincing reason can be adduced for believing that both employers and workers not only misread market signals , but also misread them in the opposite direction from each other , will it be plausible to infer that both the supply of and demand for labour will rise with the general rise in prices and money wages .
5 The curve is , however , something altogether different since it is the effective , as opposed to the notional , demand for labour function : its position is determined by the effective demand for goods which will , in turn , depend upon the magnitude of .
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