A rightward shift of the entire demand curve
A. might be due to a decline in income if it is a normal good.
B. might be due to an increase in income if it is an inferior good.
C. might be due to a tax increase on the product.
D. might be due to an increase in population.
D. might be due to an increase in population.
Economics
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In comparison to an employer in a competitive labor market, a monopsony employer hires ________ workers and produces ________ output
A) fewer; less B) fewer; more C) more; less D) more; more
Economics
One of the determinants of real GDP is output per hour of labor. This statistic is called labor
a. force growth. b. productivity. c. force participation. d. force input.
Economics