The Demand for Labor Reflects the Point That the

question 190

Multiple Choice

The demand for labor reflects the point that the

• A)lower the real wage rate, the greater the quantity of labor demanded.
• B)higher the real wage rate, the greater the quantity of labor demanded.
• C)real wage rate does not effect the quantity demanded of labor.
• D)nominal wage rate and not the real wage rate determines the quantity of labor demanded.
• E)demand for labor depends on the supply of labor.

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