If workers become less productive, which of the following would happen in the labor market?
a. Labor supply would decrease.
b. Labor supply would increase.
c. Labor demand would decrease and labor supply would increase.
d. Labor demand would increase and so would labor supply.
e. Labor demand would decrease.
E
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Which of the following happens when an economy's labor demand curve shifts to the left without any change in its labor supply curve assuming all else equal?
A) The equilibrium wage rate rises. B) The output of the economy rises. C) The aggregate price level falls. D) The unemployment rate rises.
Some recent developments in financial research focus on ways to make portfolio allocations and other investment decisions in ways that largely ignore the possible gains but protect against large losses
These tools are designed to reflect ________ behavior among investors. A) risk neutral B) substitution C) loss aversion D) anchoring