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Scribs Scribs
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6 years ago
If 1 - b = WN/PY where W is the nominal wage rate, N is the quantity of labor input, and PY is total income in nominal terms, then labor's share of national income grows if
A) (w - p) > (y - n).
B) (w - p) < (y - n).
C) (w - n) > (y - p).
D) (w - n) < (y - p).
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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Scribs Author
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6 years ago
Thanks for your help!!
kobbhy
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Yesterday
this is exactly what I needed
Chaldoren
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2 hours ago
Correct Slight Smile TY
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