Multiple Choice
Refer to the scenario above.Trevor argues that increases in the demand for labor throughout the entire economy bid up wages received by everyone in the economy.As a result,some women who previously had not been working at the market wage entered the labor force.According to Trevor,________.Explain your answer.
A) quantity supplied of labor increased
B) labor supply increased
C) quantity demanded of labor increased
D) labor demand increased
Correct Answer:
Verified
Correct Answer:
Verified
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