Multiple Choice

-Refer to Table 12.3. Between year 1 and year 2, the real wage
A) decreased by 50 percent.
B) increased by 50 percent.
C) increased by 33.3 percent.
D) decreased by 33.3 percent.
E) decreased by 25 percent.
Correct Answer:
Verified
Related Questions
Q58: Which of the following will not shift
Q59: In the short run, an increase in
Q60: The short-run aggregate supply curve will not
Q61: Long-run aggregate supply increases as
A) new production
Q62: The short-run aggregate supply curve shifts to