ATTEMPT ALL QUESTIONS ON LABOR ECONOMIES

1      List down any five Characteristics of Uganda’s labor force          (5 mrks)

2    What are the determinants of the size of labor force                      (10 mrks)

3    Define the following terms in regards to wages

i      Nominal wage

ii    Basic wage

iii   Minimum wage

iv  Subsistence wage

v   Living wage

vi  Reserve wage

vii  Wage freeze

viii  Wage draft

ix     Wage restraint

x      Real wage                                                                                          (10 mrks)

4    What are the determinants of real wage                                   (5 mrks)