Economics A-Level
Labour market rigidities
What Labour market rigidities means in Economics A-Level, as defined for AQA.
Definition of Labour market rigidities
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Reference: AQA
Factors that typically cause the disequilibrium in which real wages are forced above the market-clearing equilibrium level.
Topics that use Labour market rigidities
- Employment and unemployment (AQA A-Level)
Related terms
- Causes of unemployment
- Claimant Count
- Cyclical unemployment
- Frictional unemployment
- Labour Force Survey
- Labour mobility
- Living standards
- Long-run aggregate supply curve
Using Labour market rigidities in the exam
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