What Would a Leftward Shift of the Labor Demand Curve

question 51

Multiple Choice

What would a leftward shift of the labor demand curve indicate?

• A) Firms want to hire more workers than before at any given wage than before.
• B) Firms want to pay a higher wage than before at any given level of employment.
• C) Households want to supply fewer hours of work than before at any given wage rate.
• D) Firms want to hire fewer workers than before at any given wage rate.
• E) Households want to supply more hours of work than before at any given wage rate.

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Definitions:

Media Scholar

A media scholar is an academic or researcher who specializes in the study of media, its impacts, and related cultural, societal, and technological issues.

Global Village

A term coined by Marshall McLuhan to describe how the world has been contracted into a village by electric technology and the instantaneous movement of information from every quarter to every point.

Marshall McLuhan

A media theorist and educator known for coining the expressions "the medium is the message" and "global village," and for his insights on how media affects societal structures and cultural perceptions.

Macrosociological

Relating to the study of large-scale societal structures and processes and their impact on individuals and groups.