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-In the Figure, When the Real Wage Rate Is $10

Question 123

Multiple Choice

-In the figure, when the real wage rate is $10 an hour, _. A) the demand for labor will increase B) a shortage of labor exists and the real wage rate will rise C) the demand for labor will decrease D) a surplus of labor exists and the real wage rate will fall
-In the figure, when the real wage rate is $10 an hour, _.


A) the demand for labor will increase
B) a shortage of labor exists and the real wage rate will rise
C) the demand for labor will decrease
D) a surplus of labor exists and the real wage rate will fall

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