A decrease in the real wage rate
A) shifts the labor demand curve rightward.
B) shifts the labor demand curve leftward.
C) shifts the labor supply curve leftward.
D) none of the above because a change in the real wage rate does not shift either the labor demand or labor supply curve.
D
Economics
You might also like to view...
Let C = 120 + 0.8y. Assume no government or foreign sectors. At the equilibrium level of income, y* = 200, the level of saving is
A) -80. B) -30. C) 96. D) 160.
Economics
Fill in the blank: Rent controls tend to ________ discrimination among landlords
A) increase nonprice B) increase price C) decrease nonprice D) eliminate
Economics