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bedau bedau
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6 years ago
Suppose that from an initial labor market equilibrium the price level suddenly falls. The resulting movement ________ the labor demand curve results in an excess ________ labor, which then puts ________ pressure on the nominal wage to restore labor market equilibrium.
A) up, demand for, upward
B) down, supply of, upward
C) up, supply of, downward
D) down, demand for, upward
E) up, demand for, downward
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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bedau Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kamikazekota
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Yesterday
Good timing, thanks!
Mkersey12
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2 hours ago
You make an excellent tutor!
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