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    Microeconomics Study Set 30
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    Exam 17: Work and the Labor Market
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    A Reduction in the Demand for Labor Will Cause Wages
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A Reduction in the Demand for Labor Will Cause Wages

Question 24

Question 24

Multiple Choice

A reduction in the demand for labor will cause wages to:


A) decrease and employment to increase.
B) decrease and employment to decrease.
C) increase and employment to decrease.
D) increase and employment to increase.

Correct Answer:

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