Alejandro expects the price level to rise from 105 this year to 108 next year. If the price level rises to 110 next year instead of 108, which of the following will occur?
A) Alejandro's real wage rises.
B) Alejandro's real wage remains unchanged.
C) Alejandro's real wage may rise or fall, depending on the unemployment rate.
D) Alejandro's real wage falls.
D
Economics
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A) changing the population. B) affecting the value of the stock market. C) increasing business confidence. D) affecting workers' wealth.
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Foreign repercussions of changes in domestic imports cause the true domestic spending multiplier to be less than 1/(MPS+MPI)
a. True b. False Indicate whether the statement is true or false
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