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Assume That the Market-Clearing Wages Are $10 Per Hour in a Safe

question 8

Multiple Choice

Assume that the market-clearing wages are $10 per hour in a safe job and $18 per hour in a risky job. Then, at the completion of a war, many ex-soldiers who enjoy risky ventures enter the labor market. Which of the following is not a likely outcome of this change?


Definitions:

Neuron

A nerve cell.

Axon

The main protruding branch of a neuron; it carries messages to other cells in the form of electrical impulses.

Neurons

are the basic working units of the brain, specialized cells designed to transmit information to other nerve cells, muscle, or gland cells.

Breastfeed

The act of feeding a baby with milk directly from the mother's breast.

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