Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: drew911811 on Nov 23, 2022



Title: Which of the following happens when an economy's labor demand curve shifts to the left without any ...
Post by: drew911811 on Nov 23, 2022
Which of the following happens when an economy's labor demand curve shifts to the left without any change in its labor supply curve, assuming all else equal?

▸ The output of the economy rises.

▸ The equilibrium wage rate rises.

▸ The unemployment rate rises.

▸ The aggregate price level falls.


Title: Which of the following happens when an economy's labor demand curve shifts to the left without any ...
Post by: cheezeh3ad on Nov 23, 2022
Content hidden