A change in the quantity demanded of labor is represented by a shift in the labor demand curve
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
If the quantity supplied of money is less than the quantity demanded of money, people will ________ bonds which will cause bond prices to ________ and the nominal interest rate to ________ until the quantity demanded and quantity supplied of money are equal.
A. sell; rise; fall B. buy; fall; rise C. sell; fall; rise D. sell; fall; fall
When a nation exports a good, its ________ surplus decreases and its ________ surplus increases
A) consumer; total B) consumer; consumer C) producer; producer D) producer; consumer E) total; consumer
What two conditions must be present for a cartel to work?
What will be an ideal response?
Refer to Table 8-29. Based on the table above, what is national income for this economy?
A) $4,700 billion B) $4,000 billion C) $3,150 billion D) $2,450 billion