Answer to Question #167513 in Microeconomics for Samuel

Question #167513

Discuss its impact on equilibrium wage in the short and long-term if the US government decides to construct a thermal plant in Detroitte


1
Expert's answer
2021-03-02T17:48:41-0500

the quantity of demand for labour will increase , leading to increased in quantity of labour supplied by workers, and cause reductions in unemployment.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
APPROVED BY CLIENTS