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The Labor-Supply-And-Demand Model Predicts That During an Economic Expansion

Question 73

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The labor-supply-and-demand model predicts that during an economic expansion


A) there will be an increase in the real wage and an increase in employment.
B) there will be a decrease in the real wage and an increase in employment.
C) there will be an increase in the real wage and a decrease in employment.
D) there will be a decrease in the real wage and a decrease in employment.
E) there will be no change in the real wage but employment will increase.

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