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Munze Munze
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7 years ago
For this question, assume that the economy is initially operating at the natural level of output. A reduction in consumer confidence will cause
A) an increase in the real wage in the medium run.
B) a reduction in the real wage in the medium run.
C) no change in the real wage in the medium run.
D) ambiguous effects on the real wage in the medium run.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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7 years ago
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Munze Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
gma_of_7
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Yesterday
Correct Slight Smile TY
Evolution
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2 hours ago
This helped my grade so much Perfect
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