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-Suppose that firm A is a monopsony that demands labor and XYZ Union is a monopoly that provides labor. Other things constant, the equilibrium wage

-Suppose that firm A is a monopsony that demands labor and XYZ Union is a monopoly that provides labor. Other things constant, the equilibrium wage and quantity of labor will depend on what factor?

-Other things constant, at higher interest rates, the demand for capital decreases. Provide one reason why this happens.

-Interest rates play a vital role in the economy. What would that role be?

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