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    Macroeconomics Study Set 67
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    Exam 5: A Closed-Economy One-Period Macroeconomic Model
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    The Real Wage Is Determined by
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The Real Wage Is Determined by

Question 25

Question 25

Multiple Choice

The real wage is determined by


A) -(slope of PPF) .
B) the marginal rate of transformation.
C) +(slope of indifference curve) .
D) the marginal product of capital.
E) the competitive equilibrium.

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