If the labor supply is unchanged, an increase in the demand for labor will
A) increase the equilibrium wage and increase the quantity of jobs demanded.
B) increase the equilibrium wage and decrease the number of workers employed.
C) decrease the equilibrium wage and increase the number of workers employed.
D) increase the equilibrium wage and increase the number of workers employed.
D
Economics
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Policy makers may not know that the economy is in a recession until six months after the recession starts; this phenomenon is known as the _____
a. implementation lag b. policy coordination problem c. decision-making lag d. recognition lag e. effectiveness lag
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How is accountability achieved for the Federal Reserve and is it clear?
What will be an ideal response?
Economics