In the long-run, an increase in the labour force leads to A a decrease in...

80.2K

Verified Solution

Question

Accounting

image

In the long-run, an increase in the labour force leads to A a decrease in the equilibrium price level and real GDP B an increase in the equilibrium price level and a decrease in real GDP C a decrease in the equilibrium price level and an increase in real GDP. D an increase in the equilibrium price level and real GDP

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students