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Home Q & A Board Other Fields Homework Help Business Economics
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Munze Munze
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7 years ago
Suppose the minimum wage decreases. Given this event, we would expect which of the following to occur?
A) a reduction in the price level and an increase in output in the medium run
B) an increase in the aggregate price level as output increases
C) an increase in the interest rate in the medium run
D) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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7 years ago
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Munze Author
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7 years ago
Correct Slight Smile TY
linlinlin
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Yesterday
Brilliant ツ
smdavis
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2 hours ago
Thanks for your help!!
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