Explain how the wage rate is determined in the neoclassical labor market and political economy models.
Instructions: You will not need to write more than 3 pages double-spaced. Please upload your paper on the course website at NYU Classes. Please cite your paper professionally, being mindful of in text citations. Essay Prompt: Draw on these readings for the paper: Hall, Robert E. and Marc Lieberman. 2013, 2010. Microeconomics: Principles & Applications. […]