If the government provides a subsidy of $1 per hour to employers for hiring workers, ________
A) the equilibrium real wage will increase B) labor demand will decrease
C) the equilibrium employment will decrease D) labor supply will increase
A
Economics
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________ in the United States ________ in most European countries
A) GDP per hour; is greater than GDP per hour B) Average weekly hours; are greater than average weekly hours C) The Okun Gap; is equal to the Okun Gap D) The Lucas Wedge; is greater than the Lucas Wedge E) Both A and B are true.
Economics
According to Milton Friedman, regular income can be divided into permanent income and transitory income
Indicate whether the statement is true or false
Economics