Banking Marketing Aptitude Economics Question Bank Economics

  • question_answer 145)               Which of the following occurs when labor productivity rises?

    A) The equilibrium nominal wage falls

    B)                   The equilibrium quantity of labor falls

    C)                   Competitive firms will be induced to use more capital

    D)                   The labor demand curve shift to the right

    E)  

    Correct Answer: D

    Solution :

    Not Available

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