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    Principles of Economics Study Set 12
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    Exam 13: Labor Markets
  5. Question
    Which of the Following Is True of a Labor Market
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Which of the Following Is True of a Labor Market

Question 3

Question 3

Multiple Choice

Which of the following is true of a labor market?


A) Firms supply labor and workers demand labor.
B) Both firms and workers demand labor.
C) Both firms and workers supply labor.
D) Firms demand labor and workers supply labor.
E) Neither firms nor workers demand labor.

Correct Answer:

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