Which of the following is likely to cause a decrease in both the wage rate and the level of employment in an industry?
A) A right shift in the supply curve for labor, without any change in the demand curve for labor
B) A left shift in the supply curve for labor, without any change in the demand curve for labor
C) A right shift in the demand curve for labor, without any change in the supply curve for labor
D) A left shift in the demand curve for labor, without any change in the supply curve for labor
D
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Mr. Smith pays $20,000 annually as tax. If his annual income is $100,000, what is his average tax?
A) 5% B) 12% C) 2% D) 20%
Use the information in the above table. If Income was evenly distributed, each person would receive
A) $9,000. B) $2,500. C) $1,800. D) $1,000.
Mutual funds, pension plans, and life insurance policies:
A. are all forms of savings. B. differ regarding when you can have access to the asset's worth. C. all entrust a professional to decide which financial assets are the best for the saver to hold. D. All of these are true.
Why is reliable data on the formation and survival of startups difficult to obtain?