An increase in the real wage rate will cause

A) the labor demand curve to shift to the right.
B) the labor demand curve to shift to the left.
C) the quantity of labor demanded to rise.
D) a movement along the labor demand curve.

D

Economics

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Two goods are substitutes if an increase in the price of one good leads to a decrease in demand for the other

Indicate whether the statement is true or false

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The average unemployment rate was lowest during what period?

A) 1980-1990 B) 1950-1970 C) 2000-2010 D) 1980-2000

Economics