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Economics
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Which of the following factors will not cause the labor demand curve to shift?
 
a) an increase in the demand for output
b) an increase in the wage rate
c) an increase in the price of a competing input
d) an increase in the competitiveness of an industry

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manhokwe tawanda
manhokwe tawandaLv10
1 Oct 2020
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Related questions

Which of the following factors does not cause a shift in the labor demand​ curve?

A. Changing technology.

B. Changes in output prices.

C. Changes in the wage rate.

D. Changing input prices.

Which of the following factors does not cause a shift in the labor demand​ curve?

A. Changing technology.

B. Changes in output prices.

C. Changes in the wage rate.

D. Changing input prices.

3.If the demand for labor is plotted against the money wage, with the money wage on the vertical axis, then

A)an increase in the price level will cause the labor demand schedule to shift to the right.

B)an increase in the money wage will cause the labor demand schedule to shift to the left.

C)an increase in the money wage will cause the labor demand schedule to shift to the right.

D)the labor demand schedule will be upward sloping.

5. According to the classical model, a 10-percent increase in the money supply, holding everything else constant, will lead to

A) a 10% increase in prices, a 10% increase in the real wage, and a 10% increase in interest rates.

B)a 10% increase in prices, a 10% increase in the money wage, and a 10% increase in interest rates.

C)a 10% increase in prices, a 10% increase in the money wage, and no change in interest rates.

D)a 10% increase in prices and no change in the money wage or interest rates.

E)none of the above.

7. If the propensity to hold money is 6 and the money supply is 12, then the classical aggregate demand curve is

A) P = 2Y

B)P/Y = 48

C)P = 1/(2Y)

D)P = 2/Y

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