Solved

If the Demand for Labor Increased but More Slowly Than

Question 120

Multiple Choice

If the demand for labor increased but more slowly than the supply


A) wages would rise.
B) wages would fall.
C) there would be an increase in the amount of laborers employed.
D) both (b) and (c) would result.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions