When high-school and college graduates apply for jobs in the labor markets, a) Job applicants are the "buyers" while employers are the "sellers". O b) Job applicants are the "sellers" while employers are the "buyers". c) Job applicants and employers are both "buyers". d) Job applicants and employers are both "sellers".
When high-school and college graduates apply for jobs in the labor markets, a) Job applicants are the "buyers" while employers are the "sellers". O b) Job applicants are the "sellers" while employers are the "buyers". c) Job applicants and employers are both "buyers". d) Job applicants and employers are both "sellers".
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter2: Thinking Like An Economist
Section: Chapter Questions
Problem 2CQQ
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Question
![When high-school and college graduates apply for jobs in the labor markets,
a) Job applicants are the "buyers" while employers are the "sellers".
b) Job applicants are the "sellers" while employers are the "buyers".
c) Job applicants and employers are both "buyers".
O d) Job applicants and employers are both "sellers".
|) Listen
Which of the following is not one of the five fundamental questions that an economy
must deal with?
a) How will the goods and services be produced?
b) Who is to receive the goods and services produced in the economy?
c) In what ways will progress be promoted?
d) Why should the goods and services be produced?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb70c4797-9104-47ad-8e68-22beb89abcaa%2F943dcf0e-9557-4c72-b049-805e2051b426%2F24p14h7_processed.png&w=3840&q=75)
Transcribed Image Text:When high-school and college graduates apply for jobs in the labor markets,
a) Job applicants are the "buyers" while employers are the "sellers".
b) Job applicants are the "sellers" while employers are the "buyers".
c) Job applicants and employers are both "buyers".
O d) Job applicants and employers are both "sellers".
|) Listen
Which of the following is not one of the five fundamental questions that an economy
must deal with?
a) How will the goods and services be produced?
b) Who is to receive the goods and services produced in the economy?
c) In what ways will progress be promoted?
d) Why should the goods and services be produced?
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