Answered: Over the long run, ____________ per…

Over the long run, ____________ per hour is the mostimportant determinant of the average wage level in any economy. a)demand b)productivity c)supply d)dollars

Survey of Economics (MindTap Course List)

9th Edition

ISBN:9781305260948

Author:Irvin B. Tucker

Publisher:Irvin B. Tucker

Chapter10: Labor Market And Income Distribution

Section10.8: Discrimination

Problem 1YTE

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Question

Over the long run, ____________ per hour is the most
important determinant of the average wage level in any economy.

a)
demand

b)
productivity

c)
supply

d)
dollars

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