Question: A decrease in the demand for labor can be expected to cause _____ in the equilibrium wage and _____ in the equilibrium quantity labor employed,
A decrease in the demand for labor can be expected to cause _____ in the equilibrium wage and _____ in the equilibrium quantity labor employed, all else the same.
A. a decrease : a decrease
B. an increase : a decrease
C. decrease : an increase
D. an increase : an increase
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