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Author Question: If workers' money wage rates increase by 5 percent and the price level remains constant, workers' ... (Read 114 times)

Lisaclaire

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If workers' money wage rates increase by 5 percent and the price level remains constant, workers'
 
  A) quantity of labor supplied will decrease.
  B) quantity of labor supplied will increase.
  C) quantity of labor supplied will not change.
  D) demand for jobs will decrease.

Question 2

In every economic system, choices must be made because resources are ________ and our wants are ________.
 
  A) unlimited; limited
  B) limited; unlimited
  C) unlimited; unlimited
  D) limited; limited



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jsm54321

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Answer to Question 1

B

Answer to Question 2

B




Lisaclaire

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


smrtceo

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Reply 3 on: Yesterday
:D TYSM

 

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