The demand for labor curve is
A) upward sloping at potential GDP and downward sloping elsewhere.
B) vertical at potential GDP.
C) downward sloping.
D) upward sloping because firms demand labor.
C
You might also like to view...
Issuing stocks with little or nothing to back them up is described as "plowing back."
a. True b. False Indicate whether the statement is true or false
Workers in education, healthcare and government sectors have:
A. been hurt because the sector has been shrinking. B. seen their incomes fall just like in manufacturing. C. been mostly hurt from globalization. D. benefited from globalization in terms of lower consumer prices.
Per capita incomes must first grow for birth rates to decline. This statement describes the:
A. human capital view of population growth. B. traditional view of population growth. C. capricious universe view. D. demographic transition view of population growth.
Which of the following would not be considered a boom period as measured by the percentage growth rate of U.S. output of goods and services?
A. the Roaring 20s B. the conversion from a wartime to a peacetime economy following World War II C. World War II D. the late 1990s