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    Exam 3: Classical Macroeconomics I: Output and Employment
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    In a Perfectly Competitive Market,firms Take
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In a Perfectly Competitive Market,firms Take

Question 2

Question 2

Multiple Choice

In a perfectly competitive market,firms take:


A) the money wage as exogenous,the price level as endogenous.
B) the money wage and price level as exogenous,the quantity of labor as endogenous.
C) the money wage and price level as endogenous.
D) the quantity of labor as exogenous.

Correct Answer:

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