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  3. Study Set
    Macroeconomics Study Set 47
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    Exam 6: The Labour Market
  5. Question
    First, Explain What the Wage- Setting Relation Represents
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First, Explain What the Wage- Setting Relation Represents

Question 31

Question 31

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First, explain what the wage- setting relation represents. Second, explain why it has its particular shape.

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The wage- setting (WS) relation illustra...

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