Multiple Choice
The labor demand curve is:
A) upward sloping, because a lower real wage entices workers to work less.
B) downward sloping, because a lower real wage entices firms to hire more workers.
C) upward sloping, because a lower real wage entices firms to hire more workers.
D) downward sloping, because a lower real wage entices workers to work less.
Correct Answer:
Verified
Correct Answer:
Verified
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