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    Modern Labor Economics
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    Exam 2: Overview of the Labor Market
  5. Question
    Economic Rent Is
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Economic Rent Is

Question 19

Question 19

Multiple Choice

Economic rent is


A) the value of a worker's labor services.
B) a worker's wage rate.
C) the income a worker receives from his or her labor.
D) the amount by which a worker's wage exceeds his or her reservation wage.

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