Employment and (Total) Potential GDP Increase If the

question 250

Multiple Choice

Employment and (total) potential GDP increase if the

• A) labor supply curve shifts rightward and the labor demand curve does not shift.
• B) labor demand curve shifts leftward more than the labor supply curve shifts rightward.
• C) labor demand curve shifts leftward and the labor supply curve does not shift.
• D) None of the above answers are correct.

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Definitions:

Rate Of Return

A financial ratio that calculates the profit or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Market Opportunities

Situations in which a company can meet an unsatisfied demand or can add unique value that customers will pay for in a particular market.

Qualitative Characteristic

Aspects that help evaluate or analyze non-quantifiable properties of financial information, such as relevance and reliability.