- Principles 1 S121/22 of EconomiCS What is the impact on the labour market due to a decrease in the demand for exports? Select one: labour demand shifts to the right; wage rate increases and level of employment increases O b. labour supply shifts to the right; wage rate decreases and level of employment is higher labour supply shifts to the left; wage rate increases and level of employment is lower Od. labour demand shifts to the left; wage rate decreases and level of employment decreases Nex page our on this page 乙 Type here to search home prt sc F8 64 F5 F4 F3 5.
- Principles 1 S121/22 of EconomiCS What is the impact on the labour market due to a decrease in the demand for exports? Select one: labour demand shifts to the right; wage rate increases and level of employment increases O b. labour supply shifts to the right; wage rate decreases and level of employment is higher labour supply shifts to the left; wage rate increases and level of employment is lower Od. labour demand shifts to the left; wage rate decreases and level of employment decreases Nex page our on this page 乙 Type here to search home prt sc F8 64 F5 F4 F3 5.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:- Principles 1 S121/22
of EconomiCS
What is the impact on the labour market due to a decrease in the demand for exports?
Select one:
labour demand shifts to the right; wage rate increases and level of employment increases
O b. labour supply shifts to the right; wage rate decreases and level of employment is higher
labour supply shifts to the left; wage rate increases and level of employment is lower
Od. labour demand shifts to the left; wage rate decreases and level of employment decreases
Nex
page
our on this page
乙
Type here to search
home
prt sc
F8
64
F5
F4
F3
5.
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