Solved

The Real Wage Will Increase If

Question 11

Multiple Choice

The real wage will increase if:

A) the supply of labor increases.
B) the productivity of labor increases.
C) the price of output increases.
D) the supply of capital decreases.

Related Questions

Q6: If the consumption function is given by

Q7: According to the model developed in Chapter

Q8: In the classical model with fixed income,

Q9: Use the model developed in Chapter 3,

Q10: When government spending increases and taxes are

Q12: Public saving is:<br>A) income minus consumption minus

Q13: Crowding out occurs when an increase in

Q14: The investment function slopes _ because there

Q15: The price received by each factor of

Q16: In a Cobb-Douglas production function the marginal