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Suppose a Change in Health Care Laws Increases the Cost

Question 129

Multiple Choice

Suppose a change in health care laws increases the cost of hiring an employee.We can expect output in the short run to ________ and output in the long run to ________.


A) be unaffected; be unaffected
B) decrease; decrease
C) decrease; be unaffected
D) decrease; increase
E) increase; increase

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