If the Labor Supply Is Unchanged, an Increase in the Demand

question 24

Multiple Choice

If the labor supply is unchanged, an increase in the demand for labor will

• A)increase the equilibrium wage and decrease the number of workers employed.
• B)increase the equilibrium wage and increase the quantity of jobs demanded.
• C)decrease the equilibrium wage and increase the number of workers employed.
• D)increase the equilibrium wage and increase the number of workers employed.

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Definitions:

High Dividend Policy

A financial strategy where a company decides to pay out a high proportion of its earnings in the form of dividends to its shareholders.

Investors'

individuals or entities that allocate capital with the expectation of receiving financial returns.

High Dividend Payout

Refers to a situation where a company distributes a large portion of its earnings to shareholders in the form of dividends, often viewed as a sign of financial stability.

Clientele Groups

Specific segments of a market or customer base that a company targets or serves, based on shared characteristics or preferences.