If it is less costly for business firms to adjust the labor demanded as the price level changes than it is for households to adjust Ns, then in the short-run;A) Ns has a positive slope and the demand for labor (Nd) negative slope.;B) Nd has a negative slope and the supply of labor (Ns) a positive slope.;C) AD has a negative slope.;D) SAS has a positive slope.
Paper#24529 | Written in 18-Jul-2015Price : $22