MCQOPTIONS
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| 1. |
If workers get a real wage increase this will likely ____ and _____? |
| A. | encourage the use of more capital in the long run, reduce demand for all inputs |
| B. | encourage the use of more capital increase demand for all inputs |
| C. | encourage the use of less capital reduce demand for all inputs |
| D. | encourage the use of less capital, reduce demand for all inputs |
| Answer» D. encourage the use of less capital, reduce demand for all inputs | |