中国大学MOOC: If the demand for labor in a particular industry increases, the equilibrium wage in that industry will also increase
举一反三
- If the demand for labor in a particular industry increases, the equilibrium wage in that industry will also increase A: 正确 B: 错误
- Because the productivity of labor decreases as the quantity of labor employed increases, A: the quantity of labor a firm demands increases as the real wage rate decreases. B: the quantity of labor a firm demands increases as the money wage rate decreases. C: the labor demand curve shifts right as the real wage rate decreases. D: the aggregate production function shifts upward as the real wage rate decreases.
- In the labor market, an increase in labor productivity ________ the real wage rate and ________ the level of employment. A: raises; increases B: raises; decreases C: lowers; increases D: lowers; decreases
- Which of the following will cause an increase in the demand for labor A: An increase in the labor supply. B: A decrease in labor productivity. C: An increase in the demand for the final good or service.
- An advance in technology that increases productivity and an increase in the working-age population results in a A: rightward shift of the labor supply curve. B: rightward shift of the labor demand curve. C: rightward shift of the labor demand curve and of the labor supply curve. D: no change to the production function.