Question: which one is correct please ? A town has a large vegetable exporting industry. There is an increase in demand for its produce at the
which one is correct please ?
A town has a large vegetable exporting industry. There is an increase in demand for its produce at the same time that the population decline. This will lead to:
- no change in wages but a definite increase in employment.
- higher wages and a definite increase in unemployment.
- higher wages, but the change in employment is ambiguous, it could be up or down.
- higher wages, but a decline in employment.
- An ambiguous change in wages and an ambiguous change in employment
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