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Figure 6.3 -Refer to Figure 6.3.Holding Other Variables Constant,a Decrease in Households

Question 72

Multiple Choice

Figure 6.3
Figure 6.3    -Refer to Figure 6.3.Holding other variables constant,a decrease in households' wealth accompanied by an increase in the capital stock will definitely result in A)  an increase in the equilibrium quantity of labour. B)  a decrease in the equilibrium quantity of labour. C)  an increase in the equilibrium real wage. D)  a decrease in the equilibrium real wage.
-Refer to Figure 6.3.Holding other variables constant,a decrease in households' wealth accompanied by an increase in the capital stock will definitely result in


A) an increase in the equilibrium quantity of labour.
B) a decrease in the equilibrium quantity of labour.
C) an increase in the equilibrium real wage.
D) a decrease in the equilibrium real wage.

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