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Yogen Yogen
wrote...
Posts: 201
5 years ago
If the price level increases and workers' money wage rates remain constant,which of the following will occur?
I.The quantity of labor supplied will decrease.
II.The real wage rate will decrease.
III.The labor supply curve will shift rightward.
A) I only
B) I and II
C) II and III
D) I, II and III
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
Read 48 times
1 Reply
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Answer verified by a subject expert
DJSkopesDJSkopes
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Posts: 338
5 years ago
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Yogen Author
wrote...

5 years ago
You make an excellent tutor!
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Smart ... Thanks!
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