question archive If wage rigidity holds the real wage above the equilibrium level, an increase in the demand for labor will _____ the number unemployed
If wage rigidity holds the real wage above the equilibrium level, an increase in the demand for labor will _____ the number unemployed
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If wage rigidity holds the real wage above the equilibrium level, an increase in the
demand for labor will _____ the number unemployed.
a) increase,
b) decrease,
c) not change,
d) possibly increase, decrease, or leave unchanged.
Option 1
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