According to a recent prediction in The Wall Street Journal the adult population of Russia will decline dramatically over the next few decades.If this prediction is correct,the supply of labor in Russia will
A) increase.
B) not change.
C) decrease.
D) become less elastic.
E) become more elastic.

Question

Quizplus · Accepted Answer

If the adult population of Russia declines, it is likely that the supply of labor will decrease as well. With fewer individuals in the workforce, there will be a smaller pool of available labor to contribute to economic growth and development. This could lead to a number of economic challenges in Russia, including labor shortages, reduced productivity, and increased competition for scarce resources.

According to a Recent Prediction in the Wall Street Journal