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An increase in total factor productivity

smitch6

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6 years ago

An increase in total factor productivity

An increase in total factor productivity
A) increases consumption, increases output, and increases the real wage.
B) reduces consumption, increases output, and increases the real wage.
C) reduces consumption, increases output and reduces the real wage.
D) reduces consumption, reduces output, and reduces the real wage.
E) increases consumption, reduces output, and increases the real wage.

Textbook

Macroeconomics, Canadian Edition

Edition: 5^th

Author: Williamson

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shabith

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#1

6 years ago

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