-Refer to Figure 12-2

question 193

Multiple Choice

-Refer to Figure 12-2. If the wage rate is $20, how many workers should Becca hire?

• A) 6
• B) 5
• C) 4
• D) 3

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Definitions:

War Industries Board

A U.S. government agency established during World War I to coordinate the production of war materials and the distribution of industrial products.

National Economy

The total economic activities and policies within a country, encompassing production, consumption, and trade of goods and services.

Antitrust Laws

Legislation enacted to prevent monopolies and promote competition among businesses.

American Federation of Labor

A national federation of labor unions in the United States founded in 1886, focused on skilled workers.