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yufeige4 yufeige4
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5 years ago

Question 1.

If a new governmental policy decreases unemployment benefits, we would expect the labor ________ curve to shift to the ________.



▸ supply; right

▸ demand; right

▸ supply; left

▸ demand; left

Question 2.

Those who believe that the wage rate does not adjust quickly to clear the labor market are likely to believe that the aggregate supply curve is vertical.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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emr21emr21
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5 years ago
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yufeige4 Author
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#2
5 years ago
Exactly what I needed for my project, TYSM
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