Exhibit 11-7 
-The movement in Exhibit 11-7 could be caused by
A) a decrease in the real wage
B) an increase in the economy's capital stock
C) the actions of a cartel of resource suppliers
D) a decrease in consumer spending
E) an increase in labor productivity
Correct Answer:
Verified
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Q130: Exhibit 11-6 Q134: If the expected price level exceeds the![]()
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