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Jojo2you Jojo2you
wrote...
Posts: 216
5 years ago
If the price level rises by 3 percent and workers' money wage rates increase by 2 percent, then the
A) quantity of labor demanded will decrease.
B) quantity of labor demanded will increase.
C) quantity of labor demanded does not change because there is no change in the real wage rate.
D) real wage rate increases.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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sorandomkay13sorandomkay13
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Posts: 321
5 years ago
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