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The Change Reflected in the Above Figure Might Be a Result

Question 48

Multiple Choice

  The change reflected in the above figure might be a result of A) a decrease in the real wage rate. B) a decrease in the money wage rate. C) a rise in the price level. D) an increase in the real wage rate. E) an increase in the money wage rate.
The change reflected in the above figure might be a result of


A) a decrease in the real wage rate.
B) a decrease in the money wage rate.
C) a rise in the price level.
D) an increase in the real wage rate.
E) an increase in the money wage rate.

Correct Answer:

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