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    Macroeconomics Study Set 38
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    Exam 7: The Labor Market, Wages, and Unemployment
  5. Question
    The Supply of Labor Curve Slopes Upward Because, with a Higher
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The Supply of Labor Curve Slopes Upward Because, with a Higher

Question 12

Question 12

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The supply of labor curve slopes upward because, with a higher wage, the opportunity cost of leisure rises.

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