Suppose That a Change to Early Retirement Laws Leads to a Decrease

question 117

Multiple Choice

Suppose that a change to early retirement laws leads to a decrease in labour supply.This means that:

• A)the marginal productivity of workers always decreases
• B)profit-maximising firms increase employment
• C)wages decrease as long as labour demand is downward-sloping
• D)wages increase as long as supply is downward-sloping

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Aggressive

Characterized by or resulting from a forceful and sometimes overly assertive pursuit of one's goals and interests.

Emotionally Expressive

The ability or tendency to readily communicate emotions, including feelings of happiness, sadness, anger, or love.

Socioeconomic Issues

Problems or concerns that arise from the combination of social and economic factors, impacting individuals and communities.

Sexism

Prejudice, stereotyping, or discrimination, typically against women, on the basis of sex.