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    Exam 13: Technological Progress: the Short, the Medium, and the Long Run
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    Because of Labor Hoarding,a Reduction in Output May Signal
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Because of Labor Hoarding,a Reduction in Output May Signal

Question 33

Question 33

Multiple Choice

Because of labor hoarding,a reduction in output may signal


A) an increase in employment.
B) a reduction in employment.
C) no change in employment.
D) a reduction in productivity.

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