Which of the Following Statements Is CORRECT

question 190

Multiple Choice

Which of the following statements is CORRECT?

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

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Definitions:

Political Science

The study of governments, public policies, political processes, political behavior, and ideas about governance and power.

Economics

The study within social science focused on examining how various entities including individuals, governments, businesses, and countries decide on the best way to distribute finite resources to meet their boundless needs.

Sorority Rush

The process through which potential new members are recruited by sororities in colleges and universities.

Consumer's Income

The total amount of income a consumer receives from all sources, which is available to spend or save.