Assuming the Demand Curve for Labor Does Not Shift,a Given

question 50

Multiple Choice

Assuming the demand curve for labor does not shift,a given inflow of immigrants will lower wages more when

• A) the labor demand curve is more elastic.
• B) the domestic labor supply curve is more elastic.
• C) Both A and B will cause the wage to fall more.
• D) Neither A nor B will cause the wage to fall more.

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Definitions:

Self-sufficiency

The ability to fulfill all of one's needs independently, without reliance on external help.

More Money

A phrase representing the desire or need for increased financial resources or wealth.

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The act of following orders or commands from those in authority, often studied in psychology.

Authority Figure

An authority figure is a person with recognized power, influence, or expertise in a particular area, often used to guide or govern others.