(2) N IN 2N 3N 4N 5N 6N (1) Dose (3) Y (5) (w/p) = Ne A 9$ 31/N B 17$ C 24$ 5%/N D 30$ 6%/N E 35$ 7%/N F 39$ 8%/N G 7N 9

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2 N In 2n 3n 4n 5n 6n 1 Dose 3 Y 5 W P Ne A 9 31 N B 17 C 24 5 N D 30 6 N E 35 7 N F 39 8 N G 7n 9 1 (32.41 KiB) Viewed 27 times

(2) N IN 2N 3N 4N 5N 6N (1) Dose (3) Y (5) (w/p) = Ne A 9$ 31/N B 17$ C 24$ 5%/N D 30$ 6%/N E 35$ 7%/N F 39$ 8%/N G 7N 9%/N 42$ H 8N 10% 44$ 8. Arrive at the marginal product of labor labor demand schedule in column (4). 9. Arrive at labor market equilibrium. Identify the equilibrium real wage, employment and the corresponding equilibrium level of output. 10. Let M = 150$ and v= 2; what is the total money supply? 11. Write the equation of exchange and solve for the price levels at the various doses and put that in Column (6). Identify the equilibrium price level. Table 5 (4) MPN =Nd (6) p=Mv/y