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Home Q & A Board Other Fields Homework Help Business Economics
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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, when employment is at its full-employment level,
A) labor supply equals labor demand.
B) there is an excess supply of labor.
C) there could be either an excess demand for, or an excess supply of, labor.
D) there is an excess demand for labor.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 234 times
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supamansupaman
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#1
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
#3
8 years ago
Take care for now
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