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What will happen to equilibrium wage rate and the employment level in the labor market for nurses if there is an increase in the productivity of nurses?

What will happen to equilibrium wage rate and the employment level in the labor market for nurses if there is an increase in the productivity of nurses?
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what will happen to equilibrium wage rate and the employment level in the labor market for nurses if there is an increase in the productivity of nurses?

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User Tomab
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1 Answer

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Equilibrium wage rate and equilibrium employment level both rise.
answered
User Pedro Romano
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