155k views
2 votes
A surplus of labor is synonymous with which of the following?

a) inflation
b) unemployment
c) economic growth

User Katychuang
by
8.3k points

1 Answer

6 votes
The correct answer is letter B. Unemployment is synonymous with surplus of labor. This concept was used by Karl Marx when he critiqued political economy. Surplus of labor is ;abor that is performed in excess of the labor necessary. That purpose the purpose of producing the means of livelihood of the worker.

User Linusz
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories