Multiple Choice
If imperfect information characterizes workers' behavior,then there will be a
A) slow adjustment of the demand for labor,Nd.
B) rapid adjustment of the demand for labor,Nd.
C) rapid adjustment of both the demand for labor,Nd,and the supply of labor,Ns.
D) a lagged adjustment of the equilibrium level of employment,Ns.
Correct Answer:
Verified
Correct Answer:
Verified
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