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Consider the cobb-douglas production function if the stock

Consider the Cobb-Douglas production function. If the stock of labor in the economy increases while the stock of capital remains unchanged:

a. the equilibrium real rental rate of capital will decrease.

b. the equilibrium real wage will increase.

c. the demand curve for capital will shift up.

d. the demand curve for labor will shift up.

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Macroeconomics: Consider the cobb-douglas production function if the stock

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Macroeconomics: Consider the cobb-douglas production function if the stock

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