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A)Excess demand B)Equilibrium C)Unemployment D)Employment Supply Demand 0! Labour Consider Figure 6-8. Suppose there is a minimum wage of $8 in the labour market that

A)Excess demand B)Equilibrium C)Unemployment D)Employment

Supply Demand 0! Labour Consider Figure 6-8. Suppose there is a minimum wage of $8 in the labour market that creates a surplus equal to the distance ab. What is another name for this surplus

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