An increase in labor productivity shifts the labor ________ curve ________. A: demand; rightward B: demand; leftward C: supply; rightward D: supply; leftward
An increase in labor productivity shifts the labor ________ curve ________. A: demand; rightward B: demand; leftward C: supply; rightward D: supply; leftward
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
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
When a government fines and/or imprisons convicted drug dealers, it is attempting to reduce the illegal drug trade by shifting the ________ curve for illegal drugs ________. A: demand; rightward B: demand; leftward C: supply; rightward D: supply; leftward
When a government fines and/or imprisons convicted drug dealers, it is attempting to reduce the illegal drug trade by shifting the ________ curve for illegal drugs ________. A: demand; rightward B: demand; leftward C: supply; rightward D: supply; leftward
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
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
An increase in labor productivity shifts the A: labor demand curve rightward. B: labor demand curve leftward. C: labor supply curve rightward. D: labor supply curve leftward
An increase in labor productivity shifts the A: labor demand curve rightward. B: labor demand curve leftward. C: labor supply curve rightward. D: labor supply curve leftward
According to the Law of Demand, the demand curve for a good will A: shift leftward when the price of the good increases. B: slope downward. C: shift rightward when the price of the good increases. D: slope upward.
According to the Law of Demand, the demand curve for a good will A: shift leftward when the price of the good increases. B: slope downward. C: shift rightward when the price of the good increases. D: slope upward.
When your income increases, A: your budget line shifts rightward and its slope does not change. B: your budget line shifts leftward and its slope does not change. C: the slope of your budget line increases. D: the slope of your budget line decreases.
When your income increases, A: your budget line shifts rightward and its slope does not change. B: your budget line shifts leftward and its slope does not change. C: the slope of your budget line increases. D: the slope of your budget line decreases.