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    Foundations of Economics
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    Exam 17: Potential Gdp and Economic Growth
  5. Question
    Households Increase the Quantity of Labor Supplied When
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Households Increase the Quantity of Labor Supplied When

Question 311

Question 311

Multiple Choice

Households increase the quantity of labor supplied when


A) the real wage increases.
B) the real wage decreases.
C) job opportunities increase.
D) the nominal wage decreases and the price level rises.
E) income taxes increase.

Correct Answer:

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