When wages are set at the level of the "efficiency wage"

Question

Accepted Answer

The supply of labour is higher than the demand, there is some involuntary unemployment

Answer

The demand of labour is higher than the supply, there is some involuntary unemployment

Answer

I don't know

Answer

The demand and supply of labour are equal, there is no voluntary unemployment

Answer

The demand and supply of labour are equal, there is no involuntary unemployment

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