In the United States, real wage rates and employment have both increased because the
A) labor demand curve has shifted rightward more than the labor supply curve has shifted rightward.
B) labor demand curve has shifted leftward more than the labor supply curve has shifted rightward.
C) labor supply curve has shifted rightward and the labor demand curve has not shifted.
D) labor demand curve has shifted leftward and the labor supply curve has not shifted.
Correct Answer:
Verified
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