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Exhibit 10.6 -Refer to Exhibit 10.6, Which Shows the Equilibrium Price Level

Question 137

Multiple Choice

Exhibit 10.6
Exhibit 10.6    -Refer to Exhibit 10.6, which shows the equilibrium price level and real GDP in an aggregate demand-aggregate supply model. The movement shown in this exhibit is most likely to be caused by _____ A)  a decrease in real wages. B)  an increase in the economy's capital stock. C)  the actions of a labor union. D)  a decrease in consumer spending. E)  an increase in labor productivity.
-Refer to Exhibit 10.6, which shows the equilibrium price level and real GDP in an aggregate demand-aggregate supply model. The movement shown in this exhibit is most likely to be caused by _____


A) a decrease in real wages.
B) an increase in the economy's capital stock.
C) the actions of a labor union.
D) a decrease in consumer spending.
E) an increase in labor productivity.

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