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If the Labor Supply Is Unchanged, an Increase in the Demand

Question 24

Multiple Choice

If the labor supply is unchanged, an increase in the demand for labor will


A) increase the equilibrium wage and decrease the number of workers employed.
B) increase the equilibrium wage and increase the quantity of jobs demanded.
C) decrease the equilibrium wage and increase the number of workers employed.
D) increase the equilibrium wage and increase the number of workers employed.

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