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-In the Above Figure, the Economy Is at Point A Then

Question 47

Multiple Choice

-In the above figure, the economy is at point A. Then the money wage rate and the price level both fall by 10 per cent. Firms will be willing to supply output equal to A) more than $13.0 billion. B) $13.0 billion. C) less than $13.0 billion. D) Without more information, it is impossible to determine which of the above answers is correct.
-In the above figure, the economy is at point A. Then the money wage rate and the price level both fall by 10 per cent. Firms will be willing to supply output equal to


A) more than $13.0 billion.
B) $13.0 billion.
C) less than $13.0 billion.
D) Without more information, it is impossible to determine which of the above answers is correct.

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