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Assuming all else equal, when the labor demand curve shifts to the left, ________.
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Assuming all else equal, when the labor demand curve shifts to the left, ________.
Assuming all else equal, when the labor demand curve shifts to the left, ________.
▸ inflation rises
▸ unemployment falls
▸ equilibrium wage rises
▸ output falls
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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output falls
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