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During 2010,a Country Reports That Its Price Level Fell and the Money

Question 97

Multiple Choice

During 2010,a country reports that its price level fell and the money wage rate did not change.These changes led to


A) a higher real wage rate,lower profits,and a decrease in the quantity of real GDP supplied.
B) a higher real wage rate,higher profits,and an increase in the quantity of real GDP supplied.
C) a lower real wage rate,lower profits,and a decrease in the quantity of real GDP supplied.
D) a lower real wage rate,higher profits,and an increase in the quantity of real GDP supplied.
E) no change in the real wage rate and an increase in aggregate demand.

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