There will be a ________ of workers when the wage is ________ the equilibrium wage.
A) surplus; at
B) surplus; below
C) surplus; above
D) shortage; above
E) shortage; at

Name: There will be a ________ of workers when the wage is ________ the equilibrium wage. A) surplus; at B) surplus; below C) surplus; above D) shortage; above E) shortage; at
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Question

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A surplus of workers occurs when the wage is set above the equilibrium wage, leading to more workers willing to work than there are jobs available.

There Will Be a ________ of Workers When the Wage