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    Macroeconomics Study Set 16
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    Exam 3: Productivity, Output, and Employment
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    Permanent Increases in the Real Wage Cause Workers to Supply
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Permanent Increases in the Real Wage Cause Workers to Supply

Question 28

Question 28

Multiple Choice

Permanent increases in the real wage cause workers to supply less labour. This is


A) supported by international data.
B) true only in OECD countries.
C) true only in less developed countries.
D) none of the above.

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