What is the effect of health expenditure in the supply of healthy labour force?

Increases the supply

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Supply is zero

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Decreases the supply

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Supply remains constant

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Solution

The correct option is A
Increases the supply

Good health improves the quality of life and improved health contributes to economic growth. Hence, the expenditure on health increases the productive supply of labour force in an economy.

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Similar questions

Q. With increase in wage rate beyond a point, labour supply decreases due to ______.

Q. What is the difference in between the supply of labour and supply of other goods?

Q.
Show withe the help of diagrams, the effect on equilibrium price and quantity when:
(i) demand is perfectly elastic and supply decreases.
(ii) supply is perfectly elastic and demand increases.

Show with the help of a diagram, the effect on equilibrium price and quantity when:
(i) Demand is perfectly elastic and supply decreases.
(ii) Supply is perfectly inelastic and demand increases.
(iii) The demand curve is perfectly elastic and the supply curve shifts outwards.

When the wage rate increases, the quantity of labour supplied decreases.

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What is the effect of health expenditure in the supply of healthy labour force?

The correct option is A Increases the supply Good health improves the quality of life and improved health contributes to economic growth. Hence, the expenditure on health increases the productive supply of labour force in an economy.

The correct option is A
Increases the supply

Good health improves the quality of life and improved health contributes to economic growth. Hence, the expenditure on health increases the productive supply of labour force in an economy.