[Answered] In a competitive labor market, the demand for labor X that produces product Y will increase if the ...

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Author Question: In a competitive labor market, the demand for labor X that produces product Y will increase if the ... (Read 86 times)

cookcarl

Hero Member
Posts: 539

on: Jun 30, 2018

In a competitive labor market, the demand for labor X that produces product Y will increase if the demand for product Y increases.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A 100 billion increase in government purchases will have the same effect on real GDP as a 100billion decrease in net taxes.
a. True
b. False
Indicate whether the statement is true or false

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snackralk

Sr. Member
Posts: 363

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

False

cookcarl

Member
Posts: 539

Reply 2 on: Jun 30, 2018

Excellent

DylanD1323

Member
Posts: 314

Reply 3 on: Yesterday

TYSM

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