In terms of supply and demand, unemployment is:
A) a surplus of labor.
B) a shortage of labor.
C) an increase in the quantity of labor demanded.
D) a decrease in the quantity of labor supplied.
Correct Answer:
Verified
Q21: The unemployment rate may_ the effect of
Q22: The labor supply curve:
A) shows the relationship
Q23: In 2018, the labor force participation rate
Q24: All else equal, if unemployment falls by
Q25: The price of labor is called:
A) the
Q27: Jennifer has a PhD in economics and
Q28: Sonia has a BA in art history
Q29: The labor demand curve shows:
A) the number
Q30: During times of recession, the labor force
Q31: Some people drop out of the labor
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