According to the Law of Supply, what's the result of an increase in the supply of workers for a job, if all other factors remain equal? Question 12 options:

A:The wage rate will increase, since the pool of talented workers has increased.

B:The wage rate for that job will be pushed down.

C:The wage rate for that job will shift closer to the average rate in that country.

DThe wage rate will be unaffected, since jobs factor in skill and experience.

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.