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Labor Supply and Demand. Less Finance May Be Just Fine. “Job cuts are the order of the day in finance – the business of money and promises.”. Student Name. Labor Supply Curve. Before the decrease in demand for jobs in the financial market. Real Wage Rate. Equilibrium Wage Rate. Labor

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  1. Labor Supply and Demand Less Finance May Be Just Fine “Job cuts are the order of the day in finance – the business of money and promises.” Student Name

  2. Labor Supply Curve Before the decrease in demand for jobs in the financial market. Real Wage Rate Equilibrium Wage Rate Labor Demand Curve Equilibrium Labor Labor Hours Finance firms are decreasing jobs, which causes a decrease in the labor demand curve.

  3. Labor Supply Curve After the decrease in demand for jobs in the financial market. Real Wage Rate New Equilibrium Wage Rate New Equilibrium Labor New Labor Demand Curve Labor Hours Finance firms are decreasing jobs, which causes a decrease in the labor demand curve.

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