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Jchanis15 Jchanis15
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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.
Textbook 

Macroeconomics


Edition: 3rd
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kuteemekuteeme
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The demand for labor in Baltonia will fall.

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