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    Principles of Economics Study Set 1
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    Exam 20: The Labor Market: Workers, Wages, and Unemployment
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    The Real Wage Is The
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The Real Wage Is The

Question 45

Question 45

Multiple Choice

The real wage is the:


A) price of labor.
B) demand for labor.
C) ratio of wage of unskilled workers to the wage of skilled workers.
D) marginal product of labor.

Correct Answer:

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