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according to World View "Thousands of Refugees Attend Job Fair," what was the situation in the...

according to World View "Thousands of Refugees Attend Job Fair," what was the situation in the 2016 Berlin labor market? a) labor surplus b) labor shortage c) equilibrium.

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Answer #1

The correct answer is option A. Labor surplus

Explanation: The high number of immigrants to Germany is refugees resulted in an increase in the labor supply in the country. However, the demand of labor remained around the same quantity. This resulted in a huge labor supply in the country.

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