Which of the following is false?
A) An increase in labor productivity will shift the demand curve for labor to the right.
B) An increase in wage will lead to an increase in the supply of labor.
C) A decrease in the nonwage income of workers would shift the labor supply curve to the right.
D) If job conditions deteriorate, it would lead to a reduction, or leftward shift, in the labor supply curve.
E) If the demand for labor increased faster than the supply, the real wages of workers would rise.
Correct Answer:
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