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Other Fields Homework Help Economics Topic started by: yufeige4 on Apr 28, 2019



Title: Those who believe that the wage rate does not adjust quickly to clear the labor market are likely to ...
Post by: yufeige4 on Apr 28, 2019

Question 1.

If a new governmental policy decreases unemployment benefits, we would expect the labor ________ curve to shift to the ________.



▸ supply; right

▸ demand; right

▸ supply; left

▸ demand; left

Question 2.

Those who believe that the wage rate does not adjust quickly to clear the labor market are likely to believe that the aggregate supply curve is vertical.



▸ true

▸ false


Title: Those who believe that the wage rate does not adjust quickly to clear the labor market are likely to ...
Post by: emr21 on Apr 28, 2019
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Title: Those who believe that the wage rate does not adjust quickly to clear the labor market are likely to ...
Post by: yufeige4 on Apr 28, 2019
Exactly what I needed for my project, TYSM