Use the Figure Below to Answer the Following Question

question 38

Multiple Choice

Use the figure below to answer the following question.

Figure 22.3.3
-Refer to Figure 22.3.3.As a result of the rightward shift in the demand curve for labour from LD0 to LD1,the equilibrium level of employment ________,potential GDP ________,and potential GDP per hour of labour ________.

• A)increases; increases; increases
• B)increases; decreases; increases
• C)decreases; increases; decreases
• D)decreases; decreases; decreases
• E)increases; increases; decreases

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Definitions:

Status Quo

The existing state of affairs or current condition, often used to describe a situation that remains unchanged.

Marginalized

Refers to individuals or groups that are pushed to the edge of society, resulting in limited access to resources and opportunities.

Discrimination

Negative behavior toward an individual solely on the basis of that person’s membership in a particular group.

Managerial Position

A role within an organization that involves overseeing the work of other employees and making decisions related to the management and operation of the business.