If the number of employees who quit, are fired, or retire increases while the hiring of new employees declines, this indicates that the
A) labor supply curve is shifting to the right.
B) labor demand curve is shifting to the left.
C) labor demand curve is shifting to the right.
D) labor supply curve and labor demand curve are both shifting to the right.
B
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The above figure shows the market for a prescription drug. What is the equilibrium price of the drug? How many doses are purchased? Suppose the government imposes a price ceiling of $1.50 a dose
How many doses are purchased after the price ceiling is imposed?
Refer to the accompanying figure. Relative to point B, at point C this restaurant is:
A. operating more efficiently. B. making more pizzas and fewer salads. C. making more pizzas and more salads. D. making fewer pizzas and more salads.
Shift to the left or right for supply:price of product believed to rise in the future
What will be an ideal response?
Which of the following is NOT an example of a transfer payment?
A. interest payments on government bonds B. welfare C. unemployment benefits D. Social Security