Question 1
If firms start offering more employment benefits, such as more stock options and a better dental plan, we would expect the labor ________ curve to shift to the ________.
◦ demand; right
◦ demand; left
◦ supply; right
◦ supply; left
Question 2
The classical view of the labor market is basically consistent with the assumption of ________ aggregate supply curve.
◦ a horizontal (or almost horizontal)
◦ a downward-sloping
◦ an upward-sloping
◦ a vertical (or almost vertical)