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Title: When the unemployment rate is on the horizontal axis and the real wage is on the vertical axis, a ... Post by: Munze on Sep 15, 2017 When the unemployment rate is on the horizontal axis and the real wage is on the vertical axis, a reduction in productivity will cause which of the following to occur?
A) the wage-setting and price-setting curves will both shift downward. B) the wage-setting and price-setting curves will both shift upward. C) the price-setting curve to shift downward, and no shift in the wage-setting curve. D) the wage-setting curve to shift upward, and the price-setting curve to shift downward. E) the wage-setting curve to shift downward, and the price-setting curve to shift upward. Title: Re: When the unemployment rate is on the horizontal axis and the real wage is on the vertical axis, ... Post by: legendvpn on Sep 15, 2017 Content hidden
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