Macroeconomics (Fourth Edition)
Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
Question
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Chapter 15, Problem 1E

(a)

To determine

The impact of new technology on the labor demand schedule.

(b)

To determine

The labor demand schedule in relation with consumption.

(c)

To determine

Impact of new technology on the real wage and employment.

(d)

To determine

Impact of new discovery when prices are rigid.

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