A government report that makes working in a particular industry less attractive to workers will most likely the number of workers hired in that industry, and the wage paid to those workers.

A. increase; increase
B. increase; decrease
C. decrease; increase
D. decrease; decrease

Answer: C

Economics

What is an entrepreneur, and what decisions does an entrepreneur make in a market system?

What will be an ideal response?

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Economics

The assumption that labor markets clear makes it very easy for the classical model to explain recessions

a. True b. False

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Economics

A government report that makes working in a particular industry less attractive to workers will most likely ________ the number of workers hired in that industry, and ________ the wage paid to those workers.