How Will an Increase in Labour Productivity Affect Equilibrium in the Labour

question 189

Multiple Choice

How will an increase in labour productivity affect equilibrium in the labour market?

• A)The supply of labour will increase and the equilibrium wage and quantity of labour will increase.
• B)The demand for jobs will increase and the equilibrium wage and quantity of labour will increase.
• C)The demand for labour will increase and the equilibrium wage and quantity of labour will increase.
• D)The demand for labour will decrease because fewer workers will be needed to produce the same output.The equilibrium wage and quantity of labour will decrease.

---

Definitions:

Civil Rights Movement

A decades-long struggle, notably during the 1950s and 1960s, for African Americans to gain equal rights under the law in the United States.

Freedoms

Fundamental rights and liberties that individuals have, often protected by laws and constitutions, such as speech, religion, and assembly.

1988

A year marked by significant global events, including notable advancements in technology and major political shifts.

Golden Age

A period of great prosperity and achievement in a society's history, often idealized.