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smitch6 smitch6
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6 years ago
An increase in total factor productivity in a closed economy
A) increases labour demand, increases the real wage, increases output and decreases the real interest rate.
B) increases labour demand, increases the real wage, increases output and increases the real interest rate.
C) increases labour demand, decreases the real wage, decreases output and increases the real interest rate.
D) increases labour demand, decreases the real wage, decreases output and decreases the real interest rate.
E) decreases labour demand, increases the real wage, increases output and decreases the real interest rate.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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karmarkarmar
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smitch6 Author
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6 years ago
Correct Slight Smile TY
lierac00
wrote...

Yesterday
Good timing, thanks!
linlinlin
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2 hours ago
Just got PERFECT on my quiz
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