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-Consider the Labor Market Depicted in Figure 7.3

Question 57

Multiple Choice

-Consider the labor market depicted in Figure 7.3. Wage w¯ is called __________ and __________ unemployment. A) wage rigidity;decreases B) wage rigidity;increases C) the market wage;does nothing to D) the market wage;increases E) None of the above is correct.
-Consider the labor market depicted in Figure 7.3.
Wage w¯ is called __________ and __________ unemployment.


A) wage rigidity;decreases
B) wage rigidity;increases
C) the market wage;does nothing to
D) the market wage;increases
E) None of the above is correct.

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