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    Foundations of Macroeconomics
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    Exam 19: Markets for Factors of Production
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    The Wage Paid to Labor Is
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The Wage Paid to Labor Is

Question 68

Question 68

Multiple Choice

The wage paid to labor is


A) a factor output.
B) a factor price.
C) a factor input.
D) an input of the workforce.
E) part of the firm's normal profit.

Correct Answer:

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