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S 12 Wage rate 8 0 110 140 150 180 200 Units of labor (in millions) Refer to the figure above. At a wage rate

S 12 Wage rate 8 0 110 140 150 180 200 Units of labor (in millions) Refer to the figure above. At a wage rate of $___, there is a surplus of labor equal to million people. 7: 30 () 7: 40 12: 50 12; 90

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