The labor force includes
A) only the number of people employed.
B) discouraged workers.
C) only the number of people unemployed.
D) both employed and unemployed workers.
D
Economics
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If the supply of labor ________, real wages rise and the amount of labor employed ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
Economics
In the short run, marginal cost is minimized when
A) MPL is maximized. B) MPL equals zero. C) APL is maximized. D) APL equals zero.
Economics