Employment and (total) potential GDP increase if the
A) labor supply curve shifts rightward and the labor demand curve does not shift.
B) labor demand curve shifts leftward more than the labor supply curve shifts rightward.
C) labor demand curve shifts leftward and the labor supply curve does not shift.
D) None of the above answers are correct.
A
Economics
You might also like to view...
Refer to the scenario above. What is the payoff to Firm B in equilibrium?
A) $2.6 million B) $0 C) $4 million D) $3 million
Economics
When a monopolist reduces the quantity of output it produces and sells, the
a. price of its output increases. b. price of its output remains constant. c. price of its output decreases. d. profits for the firm always decrease.
Economics