An increase in the supply of labor will​ ________ wages and​ ________ employment. A. ​decrease; decrease B. ​increase; increase C. ​increase; decrease D. ​decrease; increase

Economics: Private and Public Choice (MindTap Course List)
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ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
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An increase in the supply of labor will​ ________ wages and​ ________ employment.

A.
​decrease; decrease
B.
​increase; increase
C.
​increase; decrease
D.
​decrease; increase

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