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Alek Hsiang Alek Hsiang
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5 years ago

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
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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emneviusemnevius
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5 years ago
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Alek Hsiang Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wyq2651
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Yesterday
You make an excellent tutor!
2ne1_12345
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2 hours ago
Thank you, thank you, thank you!
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