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    Principles of Microeconomics Study Set 10
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    Exam 18: The Markets for the Factors of Production
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    Both Theory and History Point to a Close Relationship Between
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Both Theory and History Point to a Close Relationship Between

Question 232

Question 232

Multiple Choice

Both theory and history point to a close relationship between increases in


A) labor demand and increases in labor supply.
B) labor demand and decreases in real wages.
C) the productivity of labor and increases in real wages.
D) interest rates and decreases in real wages.

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