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westleafs westleafs
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A year ago
The Bank of Techland is the largest bank in Techland. Which of the following is likely to be TRUE if this bank fails?

▸ Labor supply in Techland will fall.

▸ Techland's output will fall.

▸ Real wages in Techland will remain unchanged.

▸ Real interest rates in Techland will fall.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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mrivas57mrivas57
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A year ago
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westleafs Author
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You make an excellent tutor!
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Thank you, thank you, thank you!
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