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History, 16.07.2019 20:20 arivalen

Which of the following results in an increase in the standard of living?
a. an increase in unemployment pushes down the cost of
production
b. income increases, enabling consumers to buy more goods and
services.
c. rising production costs drive up the price of goods and services.
d. wages go up to correct for the inflation of prices.

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Which of the following results in an increase in the standard of living?
a. an increase in un...
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