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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
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COMPUTER SC.
COURSES
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Question
Which of the following occurs when labour productivity rises?
A
The equilibrium nominal wage falls
B
The equilibrium quantity of labour falls
C
Competitive firms will be induced to use more capital
D
The labour demand curve shifts to the right
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Answer & Explanation
Answer: Option [D]
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