Consider a Labor Market in Equilibrium

question 191

Multiple Choice

Consider a labor market in equilibrium. If both demand curve and supply curve of labor shift to the right, then the number of workers hired in the market will ________.

• A) increase
• B) decrease
• C) remain unchanged
• D) either increase or decrease or remain unchanged

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Definitions:

Psychiatric Disorder(s)

Mental health conditions characterized by alterations in thinking, mood, or behavior, which result in distress and impaired functioning.

Reciprocal Causation Model

A theory that emphasizes the interactive influences between individuals and their environment, often used in psychology and education.

Impaired Control

A condition where an individual finds it difficult to regulate their behavior or consumption, often seen in the context of substance abuse and addictive behaviors.

Diagnostic Criterion

The specific signs, symptoms, or characteristics used to determine whether a diagnosis applies to an individual.