If the nation's capital stock increases so that workers become more productive, the

A) demand for labor will increase.
B) supply of labor will increase.
C) demand for labor will decrease.
D) supply of labor will decrease.

A

Economics

You might also like to view...

Microeconomics deals with the analysis of all of the following issues except

a. wage determination of carpenters b. unemployment during the Great Depression c. how Ford prices its cars d. the decision a college student makes concerning his or her consumption e. how monopoly and competitive markets differ

Economics

Suppose in 2000 . nominal GDP in Russia was 1000 rubles and it increased to 2000 rubles in 2001 . If we know that no increase in real GDP occurred, then the GDP deflator must be

a. 150 b. 100 c. 0.50 d. 200 e. 105

Economics