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- According to the Figure Above, If There Is No Income

Question 58

Multiple Choice

- According to the figure above, if there is no income tax, the equilibrium real wage rate is and the equilibrium hours of labor are<sub>--------------------</sub> . A) $20; 200 billion B) $30; 200 billion C) $30; 250 billion D) $35; 200 billion E) The equilibrium is not shown.
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According to the figure above, if there is no income tax, the equilibrium real wage rate is and the equilibrium hours of labor are-------------------- .


A) $20; 200 billion
B) $30; 200 billion
C) $30; 250 billion
D) $35; 200 billion
E) The equilibrium is not shown.

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