An increase in the working-age population results in a
A) leftward shift of the supply of labor curve and a decrease in potential GDP.
B) rightward shift of demand for labor curve and an increase in potential GDP.
C) rightward shift of the demand for labor curve and no change in potential GDP.
D) rightward shift of the supply of labor curve and an increase in potential GDP.
Correct Answer:
Verified
Q119: Q120: Full employment corresponds to Q121: Dividing the value of real GDP by Q122: An increase in a nationʹs population results
A) equilibrium in the
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