A single firm in a competitive labor market has a labor supply curve that is
A) upward sloping.
B) perfectly inelastic.
C) perfectly elastic.
D) downward sloping.
C
Economics
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A variable that is potentially affected by an experimental treatment is referred to as a(n):
A) compulsory variable. B) omitted variable. C) independent variable. D) dependent variable.
Economics
The LM curve will shift to the right, if there is a(n):
A) decrease in money supply. B) increase in real money demand. C) increase in money supply. D) increase in output.
Economics