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    Business
  3. Study Set
    Intermediate Macroeconomics
  4. Exam
    Exam 16: Money and Business Cycles I: the Price-Misperceptions Model
  5. Question
    In the Current Period a Perceived Increase in the Real
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In the Current Period a Perceived Increase in the Real

Question 52

Question 52

Multiple Choice

In the current period a perceived increase in the real wage, will cause households to:


A) work more.
B) consume fewer goods.
C) consume more leisure.
D) all of the above.

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