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

Question 22

Multiple Choice

A fall in the price level brings a ________ in the real wage rate that ________ profits and can lead to ________.


A) rise;reduces;firms going out of business
B) rise;reduces;new firms entering business
C) fall;increases;firms going out of business
D) rise;increases;new firms entering business
E) fall;decreases;new firms entering business

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