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Loraine Loraine
wrote...
Posts: 4563
9 years ago
Along the aggregate supply curve, the quantity of real GDP supplied increases when the price level rises because
A) profits decrease.
B) the real wage rate falls.
C) the real wage rate rises.
D) the real wage rate and profits both fall.
E) the demand for the goods and services increases.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 202 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
9 years ago
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