Business, 27.02.2020 04:01 cyaransteenberg

Assume that a country experiences a reduction in productivity that shifts the labor demand curve downward and to the left. If the real wage were rigid, this would lead to: a. no change in the real wage and no change in unemployment. b. no change in the real wage and a rise in unemployment. c. a decrease in the real wage. d. no change in the real wage and a fall in unemployment.

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Assume that a country experiences a reduction in productivity that shifts the labor demand curve dow...

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