People base their labor supply on the ________ because they care about ________
A) real wage; what their earnings will buy
B) real wage; the equality of money wages and the price level
C) money wage; a surplus of labor
D) money wage; the amount of labor firms demand
A
Economics
You might also like to view...
The above table shows answers given by people interviewed in the Current Population Survey. Which people are structurally unemployed?
A) A, B, C, and D B) A, B, and C C) B and C. D) A, B, and D
Economics
The government wants to increase its tax revenue and plans to implement an additional sales tax. The government will raise more tax revenue if it taxes a good with an ________ rather than a good with an ________
A) inelastic demand; elastic demand B) elastic demand; inelastic demand C) elastic supply; inelastic supply D) None of the above answers is correct.
Economics