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wrote...
Posts: 166
2 months ago

Question 1.

All else equal, a decrease in the supply of labor will shift the labor supply curve to the left and decrease the equilibrium wage.

• true

• false

Question 2.

If the demand for labor is unchanged, population growth will increase the supply of labor and increase the equilibrium wage.

• true

• false
Source  Download
Microeconomics
Edition: 7th
Authors:
Read 12 times
1 Reply
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Replies
wrote...
2 months ago

Answer 1

false

Answer 2

false
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