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A Fall in the Price Level Brings a ________ in the Real

Question 20

Multiple Choice

A fall in the price level brings a ________ in the real wage rate that ________ profits which leads to ________.


A) rise;reduces;firms temporarily shutting down
B) rise;reduces;firms restarting production
C) fall;increases;firms temporarily shutting down
D) rise;increases;firms restarting production
E) rise;increases;firms temporarily shutting down

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