If the Working-Age Population Increases While the Employed Labor Force

question 43

Short Answer

If the working-age population increases while the employed labor force stays constant, then aggregate hours are most likely to
a.
decline.
b.
stay constant.
c.
increase.
d.
e.
not enough information is given.
increase then decline.

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Definitions:

Financial Leverage

Utilizing borrowed money to amplify the possible gains from an investment, while also elevating the chance of incurring losses.