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can you please explain me how to solve these questions? thanks :) 1. Considering the macroeconomic model of the labor market, a policy increasing competition
can you please explain me how to solve these questions? thanks :)
1. Considering the macroeconomic model of the labor market, a policy increasing competition in goods market A. Will increase real wages in the medium term Will leave unchanged real wages in the medium term B C. Will decrease real wages in the medium term D All above answer are wrong 2. When there is an increase in the reserve ratio A. The scal multiplier increases B The total amount of money remains constant C. The money created in a fractional banking system decreases D The money multiplier increasesStep by Step Solution
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