The Price for Labor Is the Wage Rate

question 47

Multiple Choice

The price for labor is the wage rate.What happens to the quantity of labor supplied if wages increase?

• A)It increases.
• B)It decreases.
• C)It does not change.
• D)Uncertain-economic theory has no answer to this question.

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Individuals who believe they are not prejudiced but hold negative attitudes towards a racial or ethnic group based on cultural or behavioral stereotypes rather than overt racial biases.

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