Question
If the labour market is flexible, and the capital stock is rising and labour supply is contracting, in the long run we would expect to
If the labour market is flexible, and the capital stock is rising and labour supply is contracting, in the long run we would expect to observe:
A a rising real wage, but the change in employment can't be determined from the available information
B I do not want to answer this question.
C falling employment, but the change in the real wage can't be determined from the available information
D falling employment and a falling real wage
E rising employment and a falling real wage level
F rising employment, but the change in the real wage can't be determined from the available information
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