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-In the Above Figure, at the Real Wage Rate of $50

Question 275

Multiple Choice

-In the above figure, at the real wage rate of $50 A) there is a surplus of 100 billion hours per year. B) there is a shortage of 100 billion hours per year. C) there is a surplus of 60 billion hours per year. D) there is shortage of 20 billion hours per year.
-In the above figure, at the real wage rate of $50


A) there is a surplus of 100 billion hours per year.
B) there is a shortage of 100 billion hours per year.
C) there is a surplus of 60 billion hours per year.
D) there is shortage of 20 billion hours per year.

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