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The price of electricity consumption increased in a country. Since electricity is used for the ...

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The price of electricity consumption increased in a country. Since electricity is used for the ...

The price of electricity consumption increased in a country. Since electricity is used for the production of various goods and services, this will lead to a(n) ________, assuming all else equal.

▸ leftward shift of the labor demand curves of firms

▸ rightward shift of the labor demand curves of firms

▸ downward movement along the labor demand curves of firms

▸ upward movement along the labor demand curves of firms

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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