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NYC NYC
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8 years ago
Suppose the wage rate in the labor market is $20 and the demand for labor increases. If wages are sticky:
A) unemployment increases.
B) unemployment decreases.
C) wages decrease to eliminate the surplus.
D) unemployment stays the same.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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