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The Change Reflected in the Above Figure Might Be a Result

Question 21

Multiple Choice

   The change reflected in the above figure might be a result of A) a decrease in the money prices of resources other than labor. B) an increase in the quantity of labor. C) a fall in the price level. D) a decrease in the quantity of capital. E) a rise in the money wage rate.

The change reflected in the above figure might be a result of


A) a decrease in the money prices of resources other than labor.
B) an increase in the quantity of labor.
C) a fall in the price level.
D) a decrease in the quantity of capital.
E) a rise in the money wage rate.

Correct Answer:

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