Over the last 60 or so years, the percentage of women with paid jobs has increased significantly. Is this increase in female employment associated with an increase in the demand for labor, or is it associated with an increase in the supply of labor?
The increase in female employment is associated with an increase in the supply of labor.
Economics
You might also like to view...
Game theory is used to explain firms' decisions in
A) a monopoly. B) an oligopoly. C) a perfectly competitive market. D) a monopolistically competitive market.
Economics
Let the production function be q = ALaKb. The function exhibits constant returns to scale if
A) a + b = 1. B) a + b > 1. C) a + b < 1. D) Cannot be determined with the information given.
Economics
The theory of oligopolistic interdependence means that the outcome is uncertain because price and output decisions depend on responses of rivals
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following will increase economic freedom?
What will be an ideal response?
Economics