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ECS2602 ASSESSMENT 3 SEMESTER 2 2024 What happens to the implied real wage if the markup by firms increases? Select one: A. It decreases. B. It fluctuates with the unemployment rate. C. It remains unchanged. D. It increases.$4.61
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ECS2602 ASSESSMENT 3 SEMESTER 2 2024 What happens to the implied real wage if the markup by firms increases? Select one: A. It decreases. B. It fluctuates with the unemployment rate. C. It remains unchanged. D. It increases.
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Course
Intermediate Macroeconomics (ECS2602)
Institution
University Of South Africa (Unisa)
ECS2602 ASSESSMENT 3 SEMESTER 2 2024
What happens to the implied real wage if the markup by firms increases?
Select one:
A. It decreases.
B. It fluctuates with the unemployment rate.
C. It remains unchanged.
D. It increases.
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Education is the most powerful weapon which you can use to change the world
,9/3/24, 5:03 AM Assessment 3 (page 25 of 30)
ECS2602-24-S2 Welcome to the module ECS2602-24-S2 Assessment 3
QUIZ
Question 25
Answer saved
Marked out of 1.00
According to the price-setting relation, which one of the following will NOT influence price-setting by firms in an imperfectly
competitive market?
Select one:
A. the relation between the inputs used in production and the quantity of output produced
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