me that supply curve is vertical and labour demand curve shifts to the left.This would lead to a _______ real wage and _______ in unemployment. A) higher/increase B) lower/ decline C) no change /
me that supply curve is vertical and labour demand curve shifts to the left.This would lead to a _______ real wage and _______ in unemployment. A) higher/increase B) lower/ decline C) no change /
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Earnings, Productivity, And The Job Market
Section: Chapter Questions
Problem 11CQ
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Assume that supply curve is vertical and labour demand curve shifts to the left.This would lead to a _______ real wage and _______ in
A) higher/increase
B) lower/ decline
C) no change / no change
D) lower / no change
E) lower / increase
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