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Home Q & A Board Other Fields Homework Help Business Economics
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lbelcher lbelcher
wrote...
Posts: 482
Rep: 20 0
5 years 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
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 91 times
1 Reply

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Replies
wrote...
#1
5 years ago

Answer 1

false

Answer 2

false
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