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Which of the Following Would Decrease the Demand for Labor

Question 132

Multiple Choice

Which of the following would decrease the demand for labor?
(i) a decrease in the output price
(ii) an increase in the output price
(iii) a labor-saving technological advance
(iv) a labor-augmenting technological advance


A) (i) only
B) (i) and (iii) only
C) (ii) only
D) (ii) and (iv) only

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