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If a Country's Working-Age Population Declines and Its Wealth Increases,then

Question 2

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If a country's working-age population declines and its wealth increases,then the labor supply curve


A) shifts to the left if the effect of the change in wealth is bigger than the effect of the change in the working-age population.
B) shifts to the right if the effect of the change in wealth is bigger than the effect of the change in the working-age population.
C) shifts to the left.
D) shifts to the right.

Correct Answer:

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