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mahan1994 mahan1994
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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 quantity of labor in the labor market?

▸ 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 decrease as a result of a shift in the labor demand 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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raouldukraoulduk
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A year ago
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mahan1994 Author
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A year ago
Thanks
Jodias
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Yesterday
Smart ... Thanks!
deathwing
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2 hours ago
Good timing, thanks!
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