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Munze Munze
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6 years ago
Based on wage setting behavior, we know that a reduction in the unemployment rate will cause
A) no change in the real wage.
B) a reduction in the real wage.
C) an increase in the real wage.
D) an upward shift of the WS curve.
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Macroeconomics

Macroeconomics


Edition: 6th
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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
5 years ago
Excellent answer!
Macroeconomics, 6/E (Blanchard, Johnson)
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