[Answered] As the price of a competitive firm's product rises, the firm's demand for labor also rises. a. True ...

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Author Question: As the price of a competitive firm's product rises, the firm's demand for labor also rises. a. True ... (Read 32 times)

kshipps

Hero Member
Posts: 571

on: Jun 30, 2018

As the price of a competitive firm's product rises, the firm's demand for labor also rises.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Equal increases in government purchases and in net taxes have equal but opposite effects on the level of real GDP demanded.
a. True
b. False
Indicate whether the statement is true or false

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fauacakatahaias

Sr. Member
Posts: 353

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

False

kshipps

Hero Member
Posts: 571

Reply #2 on: Jun 30, 2018

Thank you

fauacakatahaias

Sr. Member
Posts: 353

Reply #3 on: Jun 30, 2018

No problemo

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