As stock prices rise and workers' wealth increases,workers will increase the quantity supplied of labour because they will want to buy more stock.

Question

Quizplus · Accepted Answer

This statement is not necessarily true. The relationship between stock prices and the quantity of labor supplied is more complex and depends on various factors such as wages, job opportunities, and individual preferences. While rising stock prices may increase workers' wealth, they may also lead to a decrease in the need for labor or to changes in consumption patterns that could affect labor supply in different ways.

As Stock Prices Rise and Workers' Wealth Increases,workers Will Increase