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johnpaul92 johnpaul92
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8 years ago
In the Keynesian model with efficiency wages,
A) the full-employment level is determined at the intersection of the labor demand curve and the efficiency wage line.
B) the full-employment line is determined where the quantity of labor demanded equals the quantity of labor supplied.
C) an increase in labor supply increases employment.
D) a decrease in labor supply shifts the FE line to the left.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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#3
8 years ago
Take care for now
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