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-In Exhibit O-8, If the Wage Rate Is $8

Question 68

Multiple Choice

-In Exhibit O-8, if the wage rate is $8, A) a labor shortage results B) a labor surplus results C) the wage rate is in equilibrium D) too many workers are present E) an excess supply of labor results
-In Exhibit O-8, if the wage rate is $8,


A) a labor shortage results
B) a labor surplus results
C) the wage rate is in equilibrium
D) too many workers are present
E) an excess supply of labor results

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