Differences in stages of development among countries are reflected in a number of ways besides per capita income

a. True
b. False

A

Economics

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Which of the following would NOT shift an industry's supply of labor curve?

A) The wage rate in the particular industry falls. B) Wage rates in industries using similar labor rise. C) Working conditions within the industry become less desirable. D) Wage rates in other industries fall.

Economics

When the occupational choices of women or minorities are restricted, this results in:

A. Lower wages for these groups, but has no effect on the efficient allocation of labor resources B. Lower wages for these groups, but more efficient allocation of labor resources C. Lower wages for these groups and less efficient allocation of labor resources D. Higher wages for these groups and more efficient allocation of labor resources

Economics