There Will Be a ________ of Workers When the Wage

question 140

Multiple Choice

There will be a ________ of workers when the wage is ________ the equilibrium wage.

• A) surplus; at
• B) surplus; below
• C) surplus; above
• D) shortage; above
• E) shortage; at

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Definitions:

Hospital Insurance

A type of insurance designed to cover medical and surgical expenses incurred by the insured within a hospital setting.

OASDI

Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that provides retirement, disability, and survivors benefits.

Hospital Insurance

Coverage that pays for hospital expenses incurred by the insured due to illness or injury.

OASDI

Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that provides benefits to retirees and disabled people.