• 2022-06-07
    An increase in labor productivity shifts the labor ________ curve ________.
    A: demand; rightward
    B: demand; leftward
    C: supply; rightward
    D: supply; leftward
  • A

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    • 0

      If shoes rise in price, the demand curve for shoes ( ) and the quantity of shoes demanded ( ). A: shifts leftward; decreases B: shifts leftward; does not change C: does not shift; decreases D: does not shift; does not change

    • 1

      If both the supply of labor and the demand for labor increase, then A: potential GDP decreases. B: potential GDP increases. C: full employment decreases. D: the impact on potential GDP is uncertain

    • 2

      Which of the following always raises the equilibrium price? A: an increase in both demand and supply B: a decrease in both demand and supply C: an increase in demand combined with a decrease in supply D: a decrease in demand combined with an increase in supply

    • 3

      When taxes increase, consumption A: increases, so aggregate demand shifts right B: increases, so aggregate supply shifts right C: decreases, so aggregate demand shifts left D: decreases, so aggregate supply shifts left

    • 4

      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.