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Use the figure below to answer the following questions. Real wage rate (2002 dollars per hour) 25 IS 20 15 10 5 LD 50 100

Use the figure below to answer the following questions.

Real wage rate (2002 dollars per hour) 25 IS 20 15 10 5 LD 50 100 150 200 250 300 Labour (billions of hours per year)

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