Author Question: A downward movement along the labor demand curve occurs when ________, assuming all else equal. ... (Read 36 times)

fbq8i

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A downward movement along the labor demand curve occurs when ________, assuming all else equal.
 
  A) the price of the output that the labor is used to produce increases
  B) the price of the output that the labor is used to produce decreases
  C) the wage rate increases
  D) the wage rate decreases

Question 2

An increase in the price level shifts the planned expenditures curve upward.
 
  Indicate whether the statement is true or false



nanny

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Answer to Question 1

D

Answer to Question 2

FALSE



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