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Assume That a Country Experiences a Reduction in Productivity That

Question 89

Multiple Choice

Assume that a country experiences a reduction in productivity that lowers the marginal product of labor for any given level of labor. In this case, the:


A) labor supply curve shifts to the right.
B) labor supply curve shifts to the left.
C) labor demand curve shifts upward and to the right.
D) labor demand curve shifts downward and to the left.

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