Multiple Choice
A fall in the price level brings a -------------------- in the real wage rate that
-------------------- profits and can lead to --------------------
.
A) fall; increases; firms going out of business
B) fall; decreases; new firms entering business
C) rise; reduces; new firms entering business
D) rise; reduces; firms going out of business
E) rise; increases; new firms entering business
Correct Answer:

Verified
Correct Answer:
Verified
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