The Labor Demand Curve Slopes

question 30

Multiple Choice

The labor demand curve slopes

• A) upward to illustrate that the more productive the worker,the higher the real wage the employer is willing to pay that worker
• B) upward to illustrate that the higher the wage rate,the fewer workers are demanded
• C) upward or downward in direct proportion to the rate of inflation
• D) downward to illustrate that the lower the real wage,the more workers employers are willing to hire
• E) downward to illustrate that the availability of workers is directly proportional to the real wage

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Definitions:

Homeostasis

The balanced internal environment of the body; the automatic tendency of an organism to maintain such a steady state.

Internal Environment

The conditions and processes within an organism that contribute to its functioning.

Stimuli

External or internal agents that provoke a response in living organisms or individual cells.

Cellular Respiration

The series of metabolic processes by which living cells produce energy through the oxidation of organic substances.