MCQOPTIONS
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| 1. |
Which of the following occurs when labour productivity rises ? |
| A. | The equilibrium nominal wage falls |
| B. | The equilibrium quantity of labour falls |
| C. | Competitivefirms will be induced to use more capital. |
| D. | The labour demand curve shifts to the right |
| Answer» D. The labour demand curve shifts to the right | |