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Author Question: As the price of a competitive firm's product rises, the firm's demand for labor also rises. a. True ... (Read 31 times)

kshipps

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As the price of a competitive firm's product rises, the firm's demand for labor also rises.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Equal increases in government purchases and in net taxes have equal but opposite effects on the level of real GDP demanded.
 a. True
  b. False
  Indicate whether the statement is true or false



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fauacakatahaias

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Answer to Question 1

True

Answer to Question 2

False





 

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