Multiple Choice
Which of the following is a correct statement about the labor market?
A) Workers determine the supply of labor, and firms determine the demand for labor.
B) Workers determine the demand for labor, and firms determine the supply of labor.
C) Workers determine the supply of labor, and government determines the demand for labor.
D) The forces of supply and demand, while present in the labor market, have nothing to balance in that market.
Correct Answer:
Verified
Correct Answer:
Verified
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