At Any AD/SAS Intersection to the Left of LAS,excess ________

question 77

Multiple Choice

At any AD/SAS intersection to the left of LAS,excess ________ in the labor market is putting ________ pressure on the nominal wage.

• A)supply,upward
• B)supply,downward
• C)demand,upward
• D)demand,downward

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Definitions:

Millennials

A demographic cohort following Generation X, typically born between the early 1980s and late 1990s, known for their association with digital technology.

Born After 1964

Refers to individuals who were born in the year 1964 onwards, typically referring to demographic groups like Generation X, Millennials, and Generation Z.

Job Dissatisfaction

Unhappiness or discontent with one's occupation or specific aspects of work.

Myers-Briggs Typology

A psychological classification tool that categorizes individuals into 16 personality types based on preferences in how they perceive the world and make decisions.