During the industrial revolution, the United States saw increases in the demand

Question

During the industrial revolution, the United States saw increases in the demand for labor and increases in the supply of labor. The increase in real wages rose during this period is consistent with which of the following statements?

A) The rightward shift in the labor demand curve was greater than the rightward shift of the labor supply curve.

B) The rightward shift in the labor supply curve was greater than the rightward shift of the labor demand curve.

C) The rightward shift in the labor demand curve was greater than the leftward shift of the labor supply curve.

D) The leftward shift in the labor supply curve was greater than the rightward shift of the labor demand curve.

Explanation / Answer

A

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.