Multiple Choice
Which of the following would tend to raise real wages?
A) An increase in the demand for labor and no change in the supply of labor.
B) A decrease in the demand for labor and no change in the supply of labor.
C) An increase in the demand for labor that is greater than an increase in the supply of labor.
D) Either (a) or (c) .
Correct Answer:
Verified
Correct Answer:
Verified
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