Suppose That the Market for Labor Is Initially in Equilibrium

question 56

Multiple Choice

Suppose that the market for labor is initially in equilibrium. An increase in immigration will cause the equilibrium wage

• A)and the equilibrium quantity of labor to rise.
• B)and the equilibrium quantity of labor to fall.
• C)to rise and the equilibrium quantity of labor to fall.
• D)to fall and the equilibrium quantity of labor to rise.

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Definitions:

Shaping

A method of behavior modification by which successive approximations toward a desired behavior are reinforced, used extensively in operant conditioning.

Desired Response

The preferred or intended outcome or reaction to a specific stimulus or set of circumstances.

Intermittent Reinforcement

A conditioning schedule where rewards or punishments are given out irregularly, which can strengthen behavior.

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed.