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A favourable supply shock, such as a fall in the price of oil for oil-importing countries, would a.cause the labour demand curve to shift to
A favourable supply shock, such as a fall in the price of oil for oil-importing countries, would
a.cause the labour demand curve to shift to the left.
b.cause firms to demand less labour at any given real wage.
c.increase the marginal product of labour.
d.decrease the real wage.
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