If productivity of an economy increases then:
a. the amount of goods and services produced by a worker per hour increases.
b. the labor force increases

Imposing an employment tax leads to

A) a decreased supply of labor. B) more employment. C) decreased potential output in the economy. D) greater demand for labor.

If a firm offers a senior citizen discount,

A) the firm expects the average senior citizen to have a lower price elasticity of demand. B) the firm expects the average senior citizen to have a higher price elasticity of demand. C) senior citizens may be offended. D) it may be prosecuted for discrimination.