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Ceteris Paribus,a Decrease in Tariffs in Both the Factor Market

Question 98

Multiple Choice

Ceteris paribus,a decrease in tariffs in both the factor market and the product market will cause


A) An increase in the price level and a decrease in unemployment.
B) An increase in the price level and an increase in unemployment.
C) A decrease in the price level and a decrease in unemployment.
D) A decrease in the price level and an increase in unemployment.

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