The above figure shows a labor market with minimum wage equal to $16. In this figure, what area equals the firms' surplus?
A) area A
B) area B
C) area C
D) area D
E) area E
A
Economics
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Endogenous variables tend to be less volatile than exogenous ones
Indicate whether the statement is true or false
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Regulation of the financial system
A) occurs only in the United States. B) protects the jobs of employees of financial institutions. C) protects the wealth of owners of financial institutions. D) ensures the stability of the financial system.
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