Use the following to answer questions:
-(Figure: The Labour Market)Use Figure: The Labour Market.The level of employment at the equilibrium wage rate is:
A) 80 000.
B) 110 000
C) 100 000.
D) 90 000.

Question

Use the following to answer questions: 
-(Figure: The Labour Market)Use Figure: The Labour Market.The level of employment at the equilibrium wage rate is:
A) 80 000. 
B) 110 000 
C) 100 000. 
D) 90 000.

Quizplus · Accepted Answer

At the equilibrium point, the level of employment is 100,000, which occurs at the intersection of the demand and supply curves.

Use the Following to Answer Questions