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-In the Above Figure, the Economy Initially Is at Point

Question 9

Multiple Choice

-In the above figure, the economy initially is at point A and then an increase in the quantity of money moves the economy to point D. At point D, the real wage rate has A) risen by the same percentage as the price level. B) remained constant. C) risen. D) fallen.
-In the above figure, the economy initially is at point A and then an increase in the quantity of money moves the economy to point D. At point D, the real wage rate has


A) risen by the same percentage as the price level.
B) remained constant.
C) risen.
D) fallen.

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