When the wage rate rises and nothing else changes, there is ________the labor demand curve.
A) movement down
B) right shift
C) movement up
D) left shift
Correct Answer:
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Q163: All of the following are true for
Q164: A price ceiling is set above the
Q165: Q166: When the wage rate falls and nothing Q167: When the wage rate rises and nothing Q169: Because price ceilings lower the price consumers Q170: If the government removes the surplus that Q171: As a result of bad state of Q172: Changes in the wage rate cause shifts Q173: A minimum wage benefits _workers and harms
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