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-The Table Above Shows the Labor Demand and Labor Supply

Question 62

Multiple Choice

-The table above shows the labor demand and labor supply schedules for a nation.The equilibrium real wage rate is ________ and the equilibrium quantity of labor is ________ billions of hours per year. A) $25;260 B) $20;280 C) $20;260 D) $15;260 E) $40;320
-The table above shows the labor demand and labor supply schedules for a nation.The equilibrium real wage rate is ________ and the equilibrium quantity of labor is ________ billions of hours per year.


A) $25;260
B) $20;280
C) $20;260
D) $15;260
E) $40;320

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