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Pats2010 Pats2010
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A week ago
The figure below shows the relationship between an economy's output and employment.




Refer to the figure above. Suppose the economy is currently operating on the production function F2 and E2 is the level of employment in the country. If the demand curve for labor shifts to the left, ________.

▸ employment will increase from E2 to E3

▸ employment will remain unchanged at E1

▸ output will increase from Y2 to Y3

▸ employment will decrease from E2 to E1
Textbook 

Macroeconomics


Edition: 3rd
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alexisgardner09alexisgardner09
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A week ago
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employment will decrease from E2 to E1

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Pats2010 Author
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A week ago
Thank you, thank you, thank you!
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Yesterday
Thanks for your help!!
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2 hours ago
this is exactly what I needed
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