Multiple Choice
A recent study revealed that the consumption of coffee is injurious to health.This led to a sharp decline in coffee consumption worldwide.If coffee production accounts for 40 percent of Richland's GDP,this will lead to a(n) ________.
A) increase in the real interest rate in Richland
B) fall in Richland's demand for labor
C) rise in Richland's demand for labor
D) rise in Richland's inflation rate
Correct Answer:
Verified
Correct Answer:
Verified
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