If the price of labor increases, employers will hire more labor because it is more valuable
a. True
b. False
B
Economics
You might also like to view...
Financial intermediation is best defined as the process by which
A) corporations issue new stock. B) liabilities are liquidated. C) financial institutions accept savings from savers and make loans to investors. D) inflation is controlled.
Economics
At present, the Social Security System
A) takes in more revenue than it spends on benefits. B) takes in less revenue than it spends on benefits. C) equates the revenue that it receives and the amount it spends on benefits. D) has no idea of just how much revenue it taking in.
Economics