An increase in the working-age population results in a
A) rightward shift of demand for labor curve and an increase in potential GDP.
B) rightward shift of the demand for labor curve and no change in potential GDP.
C) rightward shift of the supply of labor curve and an increase in potential GDP.
D) leftward shift of the supply of labor curve and a decrease in potential GDP.
Correct Answer:
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Q126: If the labor and capital grow more
Q127: An increase in the population and hence
Q128: Q129: The U.S. employment-to-population ratio peaked in 2000 Q130: Labor growth depends mainly on _ and Q132: Real GDP grows when Q133: Q134: An increase in a nation's population results Q135: When the population increases with no change Q136: 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
I. the quantities of
