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Author Question: Assuming all else equal, if the labor demand curve shifts to the left and the labor supply curve ... (Read 256 times)

james

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on: Jun 30, 2018
Assuming all else equal, if the labor demand curve shifts to the left and the labor supply curve remains unchanged, ________.
 
  A) equilibrium wage falls B) consumption falls
  C) unemployment rises D) equilibrium wage rises

Question 2

The term investment refers, in general, to
 
  A) any action today that has costs today.
  B) any action today that has costs today but provides expected benefits in the future.
  C) only large projects, such as building a new factory, undertaken by private firms.
  D) only the creation of capital goods undertaken by private firms or the government.


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stallen

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


james

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Reply #2 on: Jun 30, 2018
Thank you :)


stallen

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Reply #3 on: Jun 30, 2018
Happy to help you


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