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kaylie.yardley kaylie.yardley
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5 years ago
The figure above shows the market for fast food restaurant employees in a college town in a small nation to the East. The local Taco Bell pays its workers $12 an hour. This wage rate is
A) an efficiency wage aimed at reducing employee turnover.
B) designed reduce the unemployment rate.
C) an effort to increase the demand for labor.
D) the actual equilibrium wage rate.
E) illegal because the equilibrium wage rate is $6 an hour.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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elizabetheldridelizabetheldrid
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5 years ago
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kaylie.yardley Author
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5 years ago
Brilliant ツ
hannahspillett
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Yesterday
Thanks for your help!!
Shassta22
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2 hours ago
This helped my grade so much Perfect
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