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NYC NYC
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9 years ago
According to the real business cycle theory, technological advances ________ the marginal product of labor, which causes real wages and output to ________.
A) increase; increase
B) increase; decrease
C) decrease; decrease
D) decrease; increase
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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9 years ago
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NYC Author
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9 years ago
Perfect answer, thank you
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