If the price level falls by 5 percent and workers' money wage rates remain constant, firms'
A) quantity of labor demanded will decrease.
B) quantity of labor demanded will increase.
C) supply of jobs will increase.
D) None of the above answers are correct.
A
Economics
You might also like to view...
If raising taxes or borrowing are your only two choices of financing current expenditures, which would you choose, and why, if you were in charge of setting policy?
What will be an ideal response?
Economics
What causes the aggregate demand curve to shift?
What will be an ideal response?
Economics
What has happened to resource prices in the twentieth century and what do they reveal about resource scarcity?
What will be an ideal response?
Economics
In case of endogenous sample selection, OLS is unbiased but consistent.
Answer the following statement true (T) or false (F)
Economics