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8 Numeric and Graphing Questions -The First Table Above Gives the Labor Demand and Labor

question 21

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8 Numeric and Graphing Questions
 Labor demand  (billions of  hours per  year)  Real wage rate  (2005 dollars)  Labor supply  (billions of  hours per  year) 03061255220431534102\begin{array} { |c | c | c } \begin{array} { c } \text { Labor demand } \\\text { (billions of } \\\text { hours per } \\\text { year) }\end{array} & \begin{array} { c } \text { Real wage rate } \\\text { (2005 dollars) }\end{array} & \begin{array} { c } \text { Labor supply } \\\text { (billions of } \\\text { hours per } \\\text { year) }\end{array} \\\hline 0 & 30 & 6 \\\hline 1 & 25 & 5 \\\hline 2 & 20 & 4 \\\hline 3 & 15 & 3 \\\hline 4 & 10 & 2 \\\hline\end{array}
 Employment  (billions of  hours per  year)  Real GDP  (billions of  2005 dollars) 695590480360230\begin{array} { | c | c | } \hline \begin{array} { c } \text { Employment } \\\text { (billions of } \\\text { hours per } \\\text { year) }\end{array} & \begin{array} { c } \text { Real GDP } \\\text { (billions of } \\\text { 2005 dollars) }\end{array} \\\hline 6 & 95 \\\hline 5 & 90 \\\hline 4 & 80 \\\hline 3 & 60 \\\hline 2 & 30 \\\hline\end{array}
-The first table above gives the labor demand and labor supply schedules for a nation.The second table gives its production function.
a) What is the equilibrium real wage rate and the level of employment?
b) What is potential GDP?

Understand the concept of implicit and explicit attitudes and how they differ.
Grasp the fundamentals of the Implicit Association Test and its role in measuring unconscious associations.
Recognize the impact of automatic behaviors and the conditions necessary for cognitive systems to override experiential systems.
Comprehend the relationship between explicit and implicit attitudes and their correlation.

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Periodic cessation of breathing during sleep.

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A headache that occurs upon waking up and can be indicative of sleep disorders, tension headaches, or migraines.

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The periods during which an individual is asleep, contributing to the physical and mental rest necessary for health.

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