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    Exam 15: Modern Macroeconomics: From the Short Run to the Long Run
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    If Wages Are Sticky Downward, an Increase in Labor
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If Wages Are Sticky Downward, an Increase in Labor

Question 152

Question 152

Multiple Choice

If wages are sticky downward, an increase in labor:


A) supply increases the wage rate.
B) demand decreases the wage rate.
C) demand increases the wage rate.
D) none of the above

Correct Answer:

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