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question 194

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Use the following to answer questions :
Figure: Equilibrium in the Labour Market Use the following to answer questions : Figure: Equilibrium in the Labour Market   -(Figure: Equilibrium in the Labour Market) Use Figure: Equilibrium in the Labour Market.In the figure,a decrease in population that decreases the number of workers,when everything else stays the same,will lead to a(n) _____ in the equilibrium quantity of labour and a(n) _____ in the equilibrium price of labour. A)  increase;increase B)  decrease;increase C)  increase;decrease D)  decrease;decrease
-(Figure: Equilibrium in the Labour Market) Use Figure: Equilibrium in the Labour Market.In the figure,a decrease in population that decreases the number of workers,when everything else stays the same,will lead to a(n) _____ in the equilibrium quantity of labour and a(n) _____ in the equilibrium price of labour.


Definitions:

Functions

The roles, activities, or tasks that are natural to or intended for a person, object, or organization.

Following Employment

Refers to the activities or insights tracked or monitored after an individual has been hired in an organization.

Fringe Benefits

Additional benefits supplementing an employee's salary, such as health insurance, paid time off, and retirement plans, which can vary greatly between employers.

World War II

A global conflict that took place between 1939 and 1945, involving most of the world's nations.

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