If the Labor Supply Curve Is Upward-Sloping,an Adverse Supply Shock

question 101

Multiple Choice

If the labor supply curve is upward-sloping,an adverse supply shock causes ________ in employment and ________ in the real wage.

• A)no change,a decrease
• B)a decrease,a decrease
• C)a decrease,no change
• D)a decrease,an increase
• E)an increase,an increase

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