Use the Following to Answer Question

question 2

Multiple Choice

Use the following to answer question:
Figure: Equilibrium in the Labor Market
-(Figure: Equilibrium in the Labor Market) Use Figure: Equilibrium in the Labor Market.In the figure,an increase in the productivity of labor,when everything else stays the same,will lead to a(n) _____ in the equilibrium quantity of labor and a(n) _____ in the equilibrium price of labor.

• A)decrease;increase
• B)increase;decrease
• C)decrease;decrease
• D)increase;increase

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Definitions:

Transactive Memory

Transactive memory is a psychological concept explaining how groups collectively store, recall, and share knowledge through the relationships among members.

Metastatements

Communications that provide commentary about other statements, often clarifying or interpreting them.

Persuasive Arguments Theory

View that people in groups are persuaded by novel information that supports their initial position, and thus become more extreme in their endorsement of their initial position.

Authoritative

Pertaining to or exhibiting authority; often related to a commanding or perceptive presence or figure.