An advance in technology that increases productivity and an increase in the working-age population results in a
A) rightward shift of the labor supply curve and of the labor demand curve.
B) rightward shift of the labor supply curve.
C) movement along the production function.
D) rightward shift of the labor demand curve.
Correct Answer:
Verified
Q138: The real wage rate will fall if
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
Q144: An advance in technology will
A) shift the
Q145: When labor productivity increases, the demand for
Q146: If the demand for labor increases
I. employment
Q147: An increase in labor productivity shifts the
Q148: Which of the following statements is correct?
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents