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



Title: If the quantity of labor demanded and the quantity of labor supplied are brought into equilibrium by ...
Post by: Alek Hsiang on Apr 28, 2019

Question 1.

A decline in the demand for labor means the unemployment rate must rise.



▸ true

▸ false

Question 2.

If the quantity of labor demanded and the quantity of labor supplied are brought into equilibrium by rising and falling wage rates, there should be no persistent unemployment and the unemployment rate should be zero.



▸ true

▸ false


Title: If the quantity of labor demanded and the quantity of labor supplied are brought into equilibrium by ...
Post by: emnevius on Apr 28, 2019
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