Multiple Choice
Refer to the information provided in Figure 14.2 below to answer the questions that follow.
Figure 14.2
-Refer to Figure 14.2.According to classical economists if the wage rate is
A) $15,the wage rate will decline to eliminate the surplus.
B) $15,the wage rate will increase to eliminate the shortage.
C) $6,the wage rate will decline to eliminate the surplus.
D) $15,the wage rate will decline to eliminate the shortage.
Correct Answer:

Verified
Correct Answer:
Verified
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