Multiple Choice
Since World War II, the real wage has increased while the employment-to-population ratio has increased. This is consistent with
A) a rightward shift of the labor supply curve and a movement along the labor demand curve.
B) a leftward shift of the labor demand curve and a movement along the labor supply curve.
C) a rightward shift of the labor demand curve and a movement along the labor supply curve.
D) a leftward shift of the labor supply curve and a movement along the labor demand curve.
E) both the labor demand and the labor supply curves shifting to the left.
Correct Answer:

Verified
Correct Answer:
Verified
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