The real wage rate will fall if the
A) labor supply curve shifts rightward and the labor demand curve does not shift.
B) labor demand curve shifts rightward more than the labor supply curve shifts rightward.
C) labor demand curve shifts rightward and the labor supply curve does not shift.
D) labor supply curve shifts leftward and the labor demand curve does not shift.
Correct Answer:
Verified
Q133: An increase in the population and hence
Q134: Labor productivity is defined as
A) the growth
Q135: If the population increases, then potential GDP
Q136: If real GDP is $13,000 billion and
Q137: Labor productivity is
A) the rate of change
Q139: If real GDP is $800 million and
Q140: Real GDP grows when
I. the quantities of
Q141: If new capital increases labor productivity, the
Q142: If real GDP is $13,500 billion and
Q143: An advance in technology that increases productivity
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