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................. LS 25 20 Real wage rate (2005 dollars per hour) 15 10 LD 1 LDO O 50 100 150 200 250 300 Labor (billions

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LS 25 20 Real wage rate (2005 dollars per hour) 15 10 LD 1 LDO O 50 100 150 200 250 300 Labor (billions of hours per year)Based on the given aggregate labor market of an economy, what will be the effect on potential GDP? potential GDP will not be affected. potential GDP will decrease if the labor market is at full employment. (9 potential GDP will decrease at all levels of employment. potential GDP will increase

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