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Jchanis15 Jchanis15
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A year ago
Fears of an impending civil war in Baltonia have reduced the confidence of potential investors. Assuming all else equal, which of the following is likely to happen in this case?

▸ The demand for labor in Baltonia will fall.

▸ The supply of labor in Baltonia will fall.

▸ The consumption expenditure in Baltonia will rise.

▸ The equilibrium real wage in Baltonia will rise.
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Macroeconomics

Macroeconomics


Edition: 3rd
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kuteemekuteeme
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A year ago
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