Multiple Choice
An increase in productivity will cause which of the following according to the price- setting behaviour of firms?
A) An increase in the markup set by firms.
B) An increase in the level of employment protection set by the government.
C) An increase in the prices set by firms.
D) An increase in the minimum wage paid by firms.
E) An increase in the real wage paid by firms.
Correct Answer:

Verified
Correct Answer:
Verified
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