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Munze Munze
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6 years ago
An increase in productivity will cause which of the following according to the price-setting behavior of firms?
A) a reduction in prices set by firms
B) an increase in the real wage paid by firms
C) a reduction in the markup set by firms
D) all of the above
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 30 times
1 Reply
Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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Munze Author
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6 years ago
Thanks
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