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.
举一反三
- 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
- An increase in the population and hence the supply of labor causes a A: shortage of labor at the original real wage rate and the real wage rate will fall. B: surplus of labor at the original real wage rate and the real wage rate will rise. C: surplus of labor at the original real wage rate and the real wage rate will fall. D: shortage of labor at the original real wage rate and the real wage rate will rise.
- An increase in taxes on labor income shifts the labor supply curve ________ and the ________. A: leftward; after-tax wage rate falls B: rightward; before-tax wage rate rises C: leftward; after-tax wage rate rises D: rightward; before-tax wage rate falls
- When the interest rate falls in the money market, the quantity of money demanded ________ and the quantity of money supplied ________. A: increases; decreases B: decreases; increases C: stays the same; decreases D: increases; stays the same
- Potential GDP per labor hour can increase due to A: increases in labor productivity. B: increases in the quantity of money. C: increases in population. D: decreases in the quantity of capital.
内容
- 0
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
- 1
If an unemployed<br/>person quits looking for work, ceteris paribus, the unemployment rate<br/>() A: decreases, and<br/>the participation rate increases. B: decreases, and<br/>the participation rate decreases. C: stays the same,<br/>and the participation rate decreases. D: and the<br/>labor-force participation rate stay the same.
- 2
Inflation occurs when: （ ） A: the stock of goods and services increases and the quantity of money in circulation decreases. B: the money supply decreases and the output increases. C: output increases faster than the money supply. D: the quantity of money in circulation rises faster than the stock of goods and services.
- 3
A fall in the price level shifts the aggregate expenditure curve upward and increases the quantity of real GDP demanded.
- 4
If a firm takes the wage as given, then the supply curve of labor to that firm is