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johnpaul92 johnpaul92
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8 years ago
In the efficiency wage model with the efficiency wage above the market-clearing wage, the level of employment depends on
A) the marginal productivity of capital and the marginal productivity of labor.
B) labor demand alone.
C) the intersection of labor supply and labor demand.
D) labor supply alone.
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
Appreciate your help, thank you again
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#3
8 years ago
Every little bit helps, right? Glad I solved your question
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