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The United Auto Workers Bargained for Higher Wages and More

Question 158

Multiple Choice

The United Auto Workers bargained for higher wages and more benefits for autoworkers.As a result of the higher wages and increased benefits,
i.the quantity of new automobiles supplied decreases.
ii.the supply of new automobiles decreases.
iii.the supply of new automobiles increases.


A) only i
B) only ii
C) only iii
D) both i and ii
E) Neither i, ii, nor iii is correct.

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