A fall in the price level brings a -------------------- in the real wage rate that
-------------------- profits and can lead to --------------------
.
A) fall; increases; firms going out of business
B) fall; decreases; new firms entering business
C) rise; reduces; new firms entering business
D) rise; reduces; firms going out of business
E) rise; increases; new firms entering business
Correct Answer:
Verified
Q114: A tax cut
--------------------aggregate demand and --------------------
A)increases; shifts
Q115: During a demand-pull inflation, if the Fed
Q116: If there is an increase in expected
Q117: When the price level increases there is--------------------
Q118: In a demand-pull inflation, if the Fed
Q120: Q121: The --------------------the -------------------- is the quantity Q122: An increase in the price level --------------------the
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