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    Business
  3. Study Set
    Fundamentals of Economics
  4. Exam
    Exam 12: Macroeconomic Equilibrium: Aggregate Demand and Supply
  5. Question
    -Refer to Table 12
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-Refer to Table 12

Question 58

Question 58

Multiple Choice

  -Refer to Table 12.3. Between year 1 and year 2, the real wage A)  decreased by 50 percent. B)  increased by 50 percent. C)  increased by 33.3 percent. D)  decreased by 33.3 percent. E)  decreased by 25 percent.
-Refer to Table 12.3. Between year 1 and year 2, the real wage


A) decreased by 50 percent.
B) increased by 50 percent.
C) increased by 33.3 percent.
D) decreased by 33.3 percent.
E) decreased by 25 percent.

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