【单选题】Which of the following is TRUE regarding the labor market? I. The labor supply curve slopes upward because firms maximize profits as they hire more workers. II. If the real wage rate falls, the quan...
【简答题】Directions: Choose from the following transitional expressions and put them in the blanks in the paragraph. in addition as finally for example even if also The erosion of the middle of the labor mark...
【单选题】Assume that a country experiences a reduction in productivity that shifts the labor demand curve downward and to the left. If the labor market were always in equilibrium, this would lead to:
【单选题】n Teenagers are often priced out of the labor market by the government-mandated minimum-wage level because employers cannot afford to pay that much for extra help. Therefore, if Congress institutes a ...
A.
(A) Since 1960 the teenage unemployment rate has risen when the minimum wage has risen.
B.
(B) Since 1960 the teenage unemployment rate has risen even when the minimum wage remained constant.
C.
(C) Employers often hire extra help during holiday and warm weather seasons.
D.
(D) The teenage unemployment rate rose more quickly in the 1970’s than it did in the 1960’s.
【判断题】If a monopolist faces a competitive labor market, it will hire labor up to the point where the price of output times the marginal product of labor equals the wage rate