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According to model developed in class, a finding that the pretax real wage falls is sufficient to show that utility falls. O True O False

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According to model developed in class, a finding that the pretax real wage falls is sufficient to show that utility falls. O True O False According to the model developed in class, it is not possible to have employment increase and the real wage increase because higher real wages lower the demand for labor. O True O False According to the model developed in class, for a given capital stock the tax rates that create a distortion in the labor market are the corporate profits tax rate and the income tax rate. O True O False

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