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Munze Munze
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7 years ago
The price setting equation is represented by the following: P = (1+m)W. When there is perfect competition, we know that m will equal
A) W.
B) P.
C) 1.
D) W/P.
E) none of the above
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Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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Munze Author
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#2
6 years ago
Excellent answer!
Macroeconomics, 6/E (Blanchard, Johnson)
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