The real wage rate definitely falls if the money wage rate ________ and the price level ________.
A) remains constant;rises
B) remains constant;falls
C) rises;falls
D) rises;rises
E) falls;falls
Correct Answer:
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Q11: Over a business cycle,the quantities of capital,human
Q12: Which of the following does NOT affect
Q13: The aggregate supply curve shows the relationship
Q14: Other things remaining the same,an increase in
Q15: A fall in the real wage rate
Q17: An increase in the price level leads
Q18: The aggregate supply curve illustrates that the
A)higher
Q19: Over the business cycle,factors such as the
Q20: A rise in the price level produces
Q21: When the price level rises and the
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