An increase in a nationʹs population results in
A) an upward shift of the nationʹs production function.
B) a movement along the nationʹs production function.
C) a decrease in the full-employment quantity of labor.
D) a rightward shift in the labor demand curve.
Correct Answer:
Verified
Q123: Q124: An increase in the working-age population results Q125: Labor productivity is Q126: Employment and total) potential GDP increase if Q127: Labor productivity equals Q129: If the labor and capital grow more Q130: Potential GDP per labor hour can increase Q131: When the population increases with no change Q132: Labor growth depends mainly on and labor Q133: An increase in the population and hence
A) the average amount of
A) real GDP divided by
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