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    Macroeconomics Principles Applications
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    Exam 7:The Economy at Full Employment
  5. Question
    A Decrease in the Supply of Labor Will ________ Real
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A Decrease in the Supply of Labor Will ________ Real

Question 81

Question 81

Multiple Choice

A decrease in the supply of labor will ________ real wages and ________ employment.


A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

Correct Answer:

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