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Question 16

The equilibrium wage rate in an economy is determined by the ____.

  • A.workers' union
  • B.supply and demand for labour
  • C.rate of inflation
  • D.efficiency of labour
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2013/2014
Question no.
#16
Type
Objective
Previous · Q15If the growth rate of available resources continuously outpaces that of the… Next · Q17 Composite demand refers to ____.

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