Labour Supply and Productivity

Which of the following will increase the labour supply in Hong Kong?

• allowing more people from the Mainland to emigrate to Hong Kong

• providing more opportunities for tertiary education

• suspending the importation of overseas workers

• increasing the number of public holidays

Which of the following CANNOT explain the increase in average labour productivity of workers in Hong Kong?

• More experts are employed from foreign countries.

• More advanced technology is used in production.

• Spending on tertiary education has been increasing in recent years.

• There is a decrease in the number of imported overseas workers.

According to the information above, the labour supply of firm A is ____________ than that of firm B while the average labour productivity of firm A is __________ than that of firm B.

• higher … lower

• higher … higher

• lower … higher

• lower … lower

Which of the following descriptions about the factory is CORRECT?

• The labour supply was the same in 2010 and 2017.

• The living standard was higher in 2017.

• The output per unit of labour was higher in 2017.

• The unemployment rate was higher in 2017.

In firm A, it was found that its average labour productivity increased between 2017 and 2018. Which of the following can explain this phenomenon?

• (1) More advanced equipment was used to assist production.

• (2) A bonus system was adopted to reward hardworking workers.

• (3) There was a change in payment method from piece rate to time rate.