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Author Question: Price Floors and their ConsequencesThe table shows the quantity of workers that are demanded and ... (Read 39 times)

tashina2013

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on: Nov 23, 2022
Price Floors and their Consequences

The table shows the quantity of workers that are demanded and supplied at various wages.
WagesQuantity DemandedQuantity Supplied
91505​1190​
121295​1295​
151085​1400​
18875​1505​
The government sets a price floor at $15. The price floor causes a ________ of ________.
How many people would be employed if the price floor was not in place?
◦ shortage, 875, 1295
◦ surplus, 315, 1295
◦ surplus, 315, 1085
◦ shortage, 875, 1085
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by tashina2013 on Nov 23, 2022

ekattan2

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tashina2013

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

mcabuhat

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Reply 3 on: Yesterday
Wow, this really help

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