2 The figure shows the demand for and supply of rental housing in the City. Rent (dollars...

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2 The figure shows the demand for and supply of rental housing in the City.

Rent (dollars per month)

600 450 300 150 S

a What are the equilibrium wage rate and level of employment?

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Economics

ISBN: 9781503632943

5th Edition

Authors: Douglas McTaggart, McTaggart Findlay & Parkin, Christopher Findlay, Michael Parkin

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