Which Event Will NOT Shift the Labor Supply Curve to the Right

question 210

Multiple Choice

Which event will NOT shift the labor supply curve to the right?

• A) an increase in the population
• B) delayed retirement by large portions of senior citizens
• C) an increase in nonwage benefits, such as a new 50% discount on merchandise
• D) a boom in the stock market that increases income from investments

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Definitions:

Bankruptcy

The legal process through which individuals or businesses unable to meet their financial obligations can seek relief from some or all of their debts.

Writ of Certiorari

A court order that directs a lower court to deliver its record in a case so that the higher court may review it.

En Banc Appeal

A type of appeal in which the case is heard before all judges of an appellate court rather than by a panel of judges selected from them, typically reserved for cases of exceptional importance.

Forum Non Conveniens

A legal doctrine allowing a court with jurisdiction to dismiss a case if another more appropriate forum exists that would better serve the convenience of the parties and the ends of justice.