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Please answer correct please asap please Don't answer by pen paper plz 1. Suppose that total factor productivity is expected to decrease in the efficiency
Please answer correct please asap please
Don't answer by pen paper plz
1. Suppose that total factor productivity is expected to decrease in the efficiency wage model. What are the effects on equilibrium output, employment, the real wage, consumption and investment? Explain your conclusions. "Step by Step Solution
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