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Refer to the Following Figure When Answering bab \rightarrow a ; Increase in Tax Rates
B)

Question 91

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Refer to the following figure when answering
Figure 15.1: The Labor Market  Refer to the following figure when answering      Figure 15.1: The Labor Market   -Consider Figure 15.1, which is a representation of the labor market. In 2005, Hurricane Katrina hit the Gulf Coast of the United States; this would cause a shift from curve ________ because this is an example of a(n)  ________. A)   b \rightarrow a ; increase in tax rates B)   d \rightarrow c ; increase in government spending C)   a \rightarrow b ; negative TFP shock D)   c \rightarrow d ; rise in exchange rates E)  None of these answers are correct.
-Consider Figure 15.1, which is a representation of the labor market. In 2005, Hurricane Katrina hit the Gulf Coast of the United States; this would cause a shift from curve ________ because this is an example of a(n) ________.


A) bab \rightarrow a ; increase in tax rates
B) dcd \rightarrow c ; increase in government spending
C) aba \rightarrow b ; negative TFP shock
D) cdc \rightarrow d ; rise in exchange rates
E) None of these answers are correct.

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