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Loraine Loraine
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Firms hire more labor as long as
A) the real wage rate is less than the additional output the labor produces.
B) the real wage rate is greater than the additional output the labor produces.
C) extra labor will produce more output.
D) the nominal wage rate exceeds the real wage rate.
E) the nominal wage rate is less than the real wage rate.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
Don't mention it Happy Dummy
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