Floods have just ravaged the countryside and cities! You would expect this supply shock to shift the
A) marginal product of labour curve up and to the right,raising the quantity of labour demanded at any given real wage.
B) marginal product of labour curve down and to the left,reducing the quantity of labour demanded at any given real wage.
C) real wage curve up,reducing the quantity of labour demanded at any given real wage.
D) real wage curve down,raising the quantity of labour demanded at any given real wage.
Correct Answer:
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