Which of the Following Decreases the Supply of Labor That

question 32

Multiple Choice

Which of the following decreases the supply of labor that competes with union labor?

• A) an increase in the minimum wage
• B) an increase in the demand for imported goods
• C) an increase in union members' productivity
• D) new laws that restrict immigration
• E) All of the above would decrease the supply of labor.

---

Definitions:

Interest Payable

This refers to the amount of interest expense that has accrued but has not yet been paid by the company.

Periodic Bond Interest Payments

The regular interest payments made to bondholders during the life of the bond.

Present Value

The immediate value assigned to a future sum of money or cash movements, based on a particular return rate.

Interest Period

The duration over which interest is calculated on a loan or investment, which could be monthly, quarterly, semiannually, or annually.