When drawn against the current wage, the current labor supply shifts to the right if

A) current taxes increase.
B) future taxes decrease.
C) firms make more profits.
D) total factor productivity increases.

A

Economics

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An increase in technology will shift the good's supply curve rightward

Indicate whether the statement is true or false

Economics

Using the above figure, if the government levies a new unit tax in this market, S represents the original supply curve, and St represents the after-tax supply curve, then the after-tax price paid by consumers is the vertical distance from the origin

to A) point A. B) point B. C) somewhere between point B and point A. D) point F.

Economics