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In a perfectly competitive labour market, if the labour supply increases and the labour demand decreases a. Wages decrease; the impact on employment is uncertain.
In a perfectly competitive labour market, if the labour supply increases and the labour demand decreases a. Wages decrease; the impact on employment is uncertain. b. Wages decrease; employment decreases. c. Wages increase; employment increases. d. The impact on wages is uncertain; employment decreases. e. Wages increase; employment increases
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Core Macroeconomics
Authors: Eric Chiang
3rd edition
978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435
