The demand for labor curve shows-09203
The demand for labor curve shows:
This multiple choice question (MCQ) is related to the book/course vu eco403 Macroeconomics. It can also be found in vu eco403 Final Term - Quiz No.5.
The demand for labor curve shows:
An inverse relationship between the real wage and the number of workers who are willing to work.
That real wages are constant.
An inverse relationship between the real wage and the amount of labor hired.
A positive relationship between the real wage and the number of workers who are willing to work.