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NYC NYC
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7 years ago
According to Classical economists, if the quantity of labor supplied exceeds the quantity demanded, there is a:
A) shortage of labor and wages will fall.
B) surplus of labor and wages will fall.
C) surplus of labor and wages will rise.
D) shortage of labor and wages will rise.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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7 years ago
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B
1

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NYC Author
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7 years ago
Thanks for answering Slight Smile
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