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Ceteris Paribus, an Increase in Labour Productivity Results in a

Question 44

Multiple Choice

Ceteris paribus, an increase in labour productivity results in a


A) higher real wage rate and higher potential GDP per hour of labour.
B) lower real wage rate and higher potential GDP per hour of labour.
C) higher real wage rate and lower potential GDP per hour of labour.
D) lower real wage rate and lower potential GDP per hour of labour.
E) constant real wage rate in the long run.

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