Which of the following factors is likely to increase the amount of available labor and decrease the real wages of workers?
A) in increase in the supply of capital stock B) a large number of factory closings
C) consumers demanding more goods D) a high influx of immigration
D
Economics
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Expansionary monetary policy refers to the Fed's increasing the money supply and increasing interest rates to increase real GDP
Indicate whether the statement is true or false
Economics
In the modern Keynesian model, over much of its range the short-run aggregate supply (SRAS) curve is
A) horizontal. B) vertical. C) upward sloping. D) downward sloping.
Economics