Which of the following would most likely cause Graph B to shift to the right?
a. a decline in a country's poverty level
b. an increase in a country’s minimum wage
c. a country’s standard of living increasing
d. a country going through an economic depression
d. a country going through an economic depression
Economics
You might also like to view...
When people become unemployed because of a higher minimum wage, this type of unemployment is called:
a. frictional. b. structural. c. cyclical. d. abnormal.
Economics
An increase in a country's real interest rate reduces that country's net capital outflow
a. True b. False Indicate whether the statement is true or false
Economics