Which of the Following Statements Is Correct

question 336

Multiple Choice

Which of the following statements is correct?

• A) When human capital increases, the demand for labor curve shifts leftward.
• B) When labor force participation increases, the supply of labor curve shifts leftward.
• C) When technology decreases, the supply of labor curve shifts leftward.
• D) When workers become more productive, the demand for labor curve shifts rightward.

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Definitions:

Networks

Structures made up of nodes (which can be individuals, organizations, computers, etc.) connected by links (which represent relationships or interactions), facilitating the flow of information or resources.

Boundaries

Psychological or physical limits that define the space between individuals or groups, helping to protect personal integrity and manage interpersonal interactions.

Social Relationships

The connections between individuals based on interactions, affiliations, or feelings which may affect their behavior and attitudes.

Primary Groups

Small, close-knit, and usually long-term social groups characterized by significant personal and emotional bonds.