Solved

-Refer to the Diagram Above

Question 83

Multiple Choice

  -Refer to the diagram above.Starting at labour demand curve D,a reduction in worker productivity causes a(n) __________,which moves the equilibrium wage _________ and the equilibrium employment level __________. A)  decrease in the quantity of labour demanded;down;down B)  decrease in labour demand;down;down C)  decrease in labour demand;up;down D)  increase in labour demand;up;up E)  decrease in labour demand;down;up
-Refer to the diagram above.Starting at labour demand curve D,a reduction in worker productivity causes a(n) __________,which moves the equilibrium wage _________ and the equilibrium employment level __________.


A) decrease in the quantity of labour demanded;down;down
B) decrease in labour demand;down;down
C) decrease in labour demand;up;down
D) increase in labour demand;up;up
E) decrease in labour demand;down;up

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents