The retail store Macy's is closing a bunch of stores. How does
the store closures affect...
50.1K
Verified Solution
Link Copied!
Question
Economics
The retail store Macy's is closing a bunch of stores. How doesthe store closures affect employees? How do these factors affectwages and spending? How do these factors affect the demand curve?Will these factors cause the curve to move or shift? Explain.
Answer & Explanation
Solved by verified expert
4.2 Ratings (638 Votes)
When retail store is closing a bunch of stores then the employess working under these stores became jobless They will throw out from jobEmployess will not have enough money they become unemployed personIn that case they do not
See Answer
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: Zin AI - Your personal assistant for all your inquiries!