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If There Is an Adverse Supply Shock

Question 25

Multiple Choice

If there is an adverse supply shock,


A) the labour demand curve would shift leftward and,for any real wage,firms would demand more labour.
B) the labour demand curve would shift leftward and,for any real wage,firms would demand less labour.
C) the labour demand curve would shift rightward and,for any real wage,firms would demand more labour.
D) the labour demand curve would shift rightward and,for any real wage,firms would demand less labour.

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