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Other Things Being the Same, If the Demand for Labor

Question 109

Multiple Choice

Other things being the same, if the demand for labor is inelastic,


A) decreases in wage rates will result in greater payrolls.
B) increases in wage rates will result in greater payrolls.
C) increases in wage rates will result in smaller payrolls.
D) decreases in wage rates will increase both employment and worker incomes.

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