How will an increase in population affect the labor market?
A) It will increase the supply of jobs.
B) It will shift the market supply curve.
C) It will cause a decrease in the quantity of labor demanded.
D) It will increase the opportunity cost of leisure.
B
Economics
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The figure above shows supply curves for soft drinks. Suppose the economy is at point a. A movement to point b could be the result of
A) an increase in technology. B) a decrease in the relative price of a soft drink. C) an increase in the relative price of a soft drink. D) an increase in the money price of a soft drink.
Economics
Absent regulation of the money supply, the money supply would likely reflect the business cycle
a. True b. False Indicate whether the statement is true or false
Economics