Efficiency Wages Create a Labor

question 1

Multiple Choice

Efficiency wages create a labor

• A)surplus and so increase unemployment.
• B)surplus and so decrease unemployment.
• C)shortage and so increase unemployment.
• D)shortage and so decrease unemployment.

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Definitions:

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Andrew Johnson

The 17th President of the United States, serving from 1865 to 1869, known for his efforts to restore the southern states after the Civil War and his subsequent impeachment.