If the actual real wage rate is above the equilibrium real, Microeconomics

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If the actual real wage rate is above the equilibrium real

If the actual real wage rate is above the equilibrium real wage rate there will be

A) a tendency for prices to rise and output to fall.

B) pressure for the actual real wage rate to rise.

C) pressure for the actual real wage rate to decline.

D) None of the above.

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Microeconomics: If the actual real wage rate is above the equilibrium real

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Microeconomics: If the actual real wage rate is above the equilibrium real

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