In the graph of supply and demand in the market for labor:
A. individuals make up the demand curve.
B. the equilibrium price of labor is generally denoted as L*.
C. firms provide the demand.
D. equilibrium is rarely achieved.
C. firms provide the demand.
Economics
You might also like to view...
Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic objectives such as price stability, high rates of economic growth, and high employment
A) taxes; the money supply B) taxes; interest rates C) taxes; expenditures D) interest rates; money supply
Economics
The theory that there are no predictable trends in securities prices that can be used to "get rich quick" is the
A) dartboard theory. B) random walk theory. C) Wall Street theory. D) inefficient market hypothesis.
Economics