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Title: During 2012, a country reports that its price level fell and the money wage rate did not change. The Post by: Loraine on Jun 22, 2015 During 2012, a country reports that its price level fell and the money wage rate did not change. These changes led to a(n) ________ because their country experienced a(n) ________.
A) decrease in the quantity of real GDP supplied; higher real wage rate and lower profits for firms B) increase in the quantity of real GDP supplied; higher real wage rate and lower profits for firms C) decrease in the quantity of real GDP supplied; lower real wage rate and lower profits for firms D) increase in the quantity of real GDP supplied; lower real wage rate and higher profits for firms E) decrease in aggregate demand; economic expansion Title: Re: During 2012, a country reports that its price level fell and the money wage rate did not change. Post by: Sydnie on Jul 8, 2015 Content hidden
Title: Re: During 2012, a country reports that its price level fell and the money wage rate did not change. The Post by: Sydnie on Aug 31, 2015 I was confident with my answer, glad it was correct.
Oh, and thumbs-up are more than welcome :) |