
-Referring to the graph above,assume that,at first,the labor market is in equilibrium at point 4.In which scenario does unemployment rise,with no change in the quantity of employment?
A) real wage rises to the level of points 1 and 2
B) supply shifts to pass through point 5,with no change in the real wage
C) demand shifts to pass through point 3,with no change in the real wage
D) supply shifts to pass through point 3,with no change in the real wage
Correct Answer:
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