Multiple Choice
An increase in the working- age population results in a
A) leftward shift of the supply of labor curve and a decrease in potential GDP.
B) rightward shift of the supply of labor curve and an increase in potential GDP.
C) rightward shift of the demand for labor curve and no change in potential GDP.
D) rightward shift of demand for labor curve and an increase in potential GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: If the price level falls by 5
Q230: The real wage rate can best be
Q231: One reason for the productivity growth slowdown
Q232: In Lotusland, real GDP per hour of
Q233: In Lotusland, real GDP per hour of
Q236: Which of the following contributes to economic
Q237: Cuba spends the highest percentage of GDP
Q238: The one- third rule states that a
Q239: Which of the following describes the one-
Q240: If the price level rises by 3