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Wage Price Index 45 NS NS 40- N 35- 30 - 25- 20- 15- 10. 5 Na No, 0 5 10 15 20 25 30

Wage Price Index 45 NS NS 40- N 35- 30 - 25- 20- 15- 10. 5 Na No, 0 5 10 15 20 25 30 35 40 Quantity of(N) labor (units) Refer to the figure above. What is the equilibrium employment when the labor demand curve is ND2 and the labor supply curve is NS2? 05 10 15 20

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