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    Economics Study Set 8
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    Exam 27: The Classical Long-Run Policy Model: Growth and Supply-Side Policies
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    If Median Income Is Unchanged from One Year to the Next
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If Median Income Is Unchanged from One Year to the Next

Question 114

Question 114

Multiple Choice

If median income is unchanged from one year to the next, then per capita income:


A) is also constant.
B) is increasing.
C) is decreasing.
D) could be increasing, decreasing, or constant.

Correct Answer:

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