Multiple Choice
If the labour supply is unchanged, an increase in the demand for labour will
A) increase the equilibrium wage and decrease the number of workers employed.
B) increase the equilibrium wage and increase the quantity of jobs demanded.
C) decrease the equilibrium wage and increase the number of workers employed.
D) increase the equilibrium wage and increase the number of workers employed.
Correct Answer:
Verified
Correct Answer:
Verified
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