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The following figure depicts an employee's best response to wage when the expected unemployment duration is 44 weeks. Which of the following statements is correct?

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The following figure depicts an employee's best response to wage when the expected unemployment duration is 44 weeks. Which of the following statements is correct? 1 - 0.8 - Effort per hour 0.5 -+- -. Feasible set t - - 0 6 12 24 Hourly wage, $ The slope of the best response curve is the employer's marginal rate of

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