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Multiple choice questions: No explanations needed. 2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3

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Multiple choice questions: No explanations needed.

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2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 plant supervisor. He turns down the opportunity because of family obligations. Choose... Worker 5 got laid off from her job as a financial analyst 3 months ago and has not looked for a new job since. Choose... Question 5 How will each of the following scenarios impact the market for labour Not yet answered Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Marked out of 4.00 Impact on supply of labour Choose... Flag shift outwards / to the right question Impact on demand for labou decrease employment Impact on wage rate increase employment shift inwards / to the left Impact on employment level wage rate unchanged decrease wage rate curve unchanged (movement along the curve) Question 6 How will each of the followin increase wage rate Not yet employment unchanged answered Worldwide demand for expo.ryu Marked out of 4.00 Impact on supply of labour Choose... Flag question Impact on demand for labour Choose... Impact on wage rate Choose... Impact on employment level Choose... Question 7 How will each of the following scenarios impact the market for labour Not yet2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 plant supervisor. He turns down the opportunity because of family obligations. Choose... Worker 5 got laid off from her job as a financial analyst 3 months ago and has not looked for a new job since. Choose... Question 5 How will each of the following scenarios impact the market for labour Not yet answered Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Marked out of 4.00 Impact on supply of labour Choose... Flag Impact on demand for labou V Choose... question shift outwards / to the right Impact on wage rate decrease employment Impact on employment level increase employment shift inwards / to the left wage rate unchanged decrease wage rate Question 6 How will each of the followin curve unchanged (movement along the curve) Not yet answered Worldwide demand for expo increase wage rate employment unchanged Marked out of 4.00 Impact on supply of labour Choose... Flag question Impact on demand for labour Choose... Impact on wage rate Choose... Impact on employment level Choose... Question 7 How will each of the following scenarios impact the market for labour Not yet2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 plant supervisor. He turns down the opportunity because of family obligations. Choose... Worker 5 got laid off from her job as a financial analyst 3 months ago and has not looked for a new job since. Choose... Question 5 How will each of the following scenarios impact the market for labour Not yet answered Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Marked out of 4.00 Impact on supply of labour Choose... Flag question Impact on demand for labour Choose... Impact on wage rate Choose... shift outwards / to the right Impact on employment level decrease employment increase employment shift inwards / to the left Question 6 How will each of the followin wage rate unchanged Not yet decrease wage rate answered Worldwide demand for expo curve unchanged (movement along the curve) Marked out of increase wage rate 4.00 Impact on supply of labour employment unchanged Flag question Impact on demand for labour Choose... Impact on wage rate Choose... Impact on employment level Choose... Question 7 How will each of the following scenarios impact the market for labour Not yet2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 plant supervisor. He turns down the opportunity because of family obligations. Choose... Worker 5 got laid off from her job as a financial analyst 3 months ago and has not looked for a new job since. Choose... Question 5 How will each of the following scenarios impact the market for labour Not yet answered Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Marked out of 4.00 Impact on supply of labour Choose... Flag question Impact on demand for labour Choose... Impact on wage rate Choose... Impact on employment level V Choose... shift outwards / to the right decrease employment increase employment Question 6 How will each of the followin shift inwards / to the left Not yet answered Worldwide demand for expo wage rate unchanged Marked out of decrease wage rate 4.00 Impact on supply of labour curve unchanged (movement along the curve) Flag increase wage rate Impact on demand for labou question employment unchanged Impact on wage rate Choose... Impact on employment level Choose... Question 7 How will each of the following scenarios impact the market for labour Not yet 2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 Impact on employment level Choose... Question 6 How will each of the following scenarios impact the market for labour Not yet answered Worldwide demand for exports surge Marked out of 4.00 Impact on supply of labour Choose... Flag increase wage rate Impact on demand for labou question shift outwards / to the right Impact on wage rate decrease employment increase employment Impact on employment level wage rate unchanged curve unchanged (movement along the curve) employment unchanged Question 7 How will each of the followin decrease wage rate Not yet shift inwards / to the left answered Workers become more conce murouse their hours of work. At the same time, there is an increase in the capital stock, which makes workers more productive. Marked out of 4.00 Flag Impact on supply of labour Choose... question Impact on demand for labour Choose... Impact on wage rate Choose... Impact on employment level Choose... Previous page Next page 2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 Impact on employment level Choose... Question 6 How will each of the following scenarios impact the market for labour Not yet answered Worldwide demand for exports surge Marked out of 4.00 Impact on supply of labour Choose... Flag Impact on demand for labou V Choose... question increase wage rate Impact on wage rate shift outwards / to the right Impact on employment level decrease employment increase employment wage rate unchanged curve unchanged (movement along the curve) Question 7 How will each of the followin employment unchanged Not yet e their hours of work. At the same time, answered Workers become more conc decrease wage rate there is an increase in the ca shift inwards / to the left Marked out of 4.00 Flag Impact on supply of labour Choose... question Impact on demand for labour Choose... Impact on wage rate Choose... Impact on employment level Choose... Previous page Next page 2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 Impact on employment level Choose... Question 6 How will each of the following scenarios impact the market for labour Not yet answered Worldwide demand for exports surge Marked out of 4.00 Impact on supply of labour Choose... Flag question Impact on demand for labour Choose... Impact on wage rate Choose.. increase wage rate Impact on employment level shift outwards / to the right decrease employment increase employment Question 7 How will each of the followin wage rate unchanged Not yet curve unchanged (movement along the curve) answered Workers become more conc e their hours of work. At the same time, there is an increase in the ca employment unchanged Marked out of decrease wage rate 4.00 shift inwards / to the left Flag Impact on supply of labour question Impact on demand for labour Choose... Impact on wage rate Choose... Impact on employment level Choose... : Previous page Next page 2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 Impact on employment level Choose... Question 6 How will each of the following scenarios impact the market for labour Not yet answered Worldwide demand for exports surge Marked out of 4.00 Impact on supply of labour Choose... Flag question Impact on demand for labour Choose... Impact on wage rate Choose... Impact on employment level V Choose... Increase wage rate shift outwards / to the right decrease employment Question 7 How will each of the followin increase employment Not yet answered Workers become more conc wage rate unchanged e their hours of work. At the same time, there is an increase in the ca Marked out of curve unchanged (movement along the curve) 4.00 employment unchanged Flag Impact on supply of labour decrease wage rate question Impact on demand for labou shift inwards / to the left Impact on wage rate Choose... Impact on employment level Choose... Previous page Next page

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