A Bird Flu Epidemic Causes Many People to Flee the Country,but

question 10

Multiple Choice

A bird flu epidemic causes many people to flee the country,but does not affect labor demand significantly because almost all the goods produced within the country are exported.What happens to current employment and the real wage rate?

• A)Both employment and the real wage rate would increase.
• B)Both employment and the real wage rate would decrease.
• C)Employment would increase and the real wage would decrease.
• D)Employment would decrease and the real wage would increase.

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Definitions:

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