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aramo023 aramo023
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A year ago
The following figure shows wage versus labor demand.




Refer to the figure above. If there is an increase in the number of women in the labor market who have children and stay home with them instead of working, what will happen to the wage rate?

▸ It will decrease as a result of a shift in the labor demand curve.

▸ It will increase as a result of a shift in the labor supply curve.

▸ It will decrease as a result of a shift in the labor supply curve.

▸ It will increase as a result of a shift in the labor demand curve.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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sbbaltsbbalt
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A year ago
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aramo023 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This site is awesome
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Thanks
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