Which of the events raise the real wage rate and which lower it? Use the following list
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Which of the events raise the real wage rate and which lower it?
Use the following list of events, which occur in the United States one at a time, to work this Problem.
- Dell introduces a new supercomputer that everyone can afford.
- A major hurricane hits Florida.
- More high school graduates go to college.
- The CPI rises.
- An economic slump in the rest of the world decreases U.S. exports.
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