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Loraine Loraine
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9 years ago
During 2010, a country reports that its price level fell and the money wage rate did not change. These changes led to
A) a higher real wage rate, lower profits, and a decrease in the quantity of real GDP supplied.
B) a higher real wage rate, higher profits, and an increase in the quantity of real GDP supplied.
C) a lower real wage rate, lower profits, and a decrease in the quantity of real GDP supplied.
D) a lower real wage rate, higher profits, and an increase in the quantity of real GDP supplied.
E) no change in the real wage rate and an increase in aggregate demand.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 374 times
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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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SydnieSydnie
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#1
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9 years ago
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Loraine Author
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9 years ago
Thanks for your help!!
Turboturner
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Yesterday
This helped my grade so much Perfect
cartoon
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2 hours ago
Good timing, thanks!
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