Assuming all else equal, if the price of each unit of capital rises, ________
A) a firm moves to a higher point along its labor demand curve
B) a firm moves to a lower point along its labor demand curve
C) a firm's labor demand curve shifts to the left
D) a firm's labor demand curve shifts to the right
C
Economics
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If a measure of real GDP could include the value of leisure time, measured real GDP would increase
Indicate whether the statement is true or false
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When is the U.S. economy at full employment?
a. When there is no cyclical unemployment b. When there is no structural unemployment c. When there is no full employment d. When there is no seasonal unemployment e. When there is no frictional unemployment
Economics