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Author Question: Refer to the figure above. A one unit increase in labor supply will lead to ________ in output in ... (Read 29 times)

plus1

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on: Jun 30, 2018
Refer to the figure above. A one unit increase in labor supply will lead to ________ in output in Country X than in Country Y.
 
  A) a smaller increase B) a smaller decrease C) a larger decrease D) a larger increase

Question 2

Not including transactions from the underground economy will tend to ________ GDP, and not including environmental changes caused by pollution will tend to ________ GDP.
 
  A) undervalue; undervalue B) overvalue; overvalue
  C) overvalue; undervalue D) undervalue; overvalue


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1_Step_At_ATime

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


plus1

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

alvinum

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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