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Determination Of Wages Interest And Profits Of Factors Of Production - Economics Jamb Past Questions and Answers

Economics Questions And Answers On Determination Of Wages Interest And Profits Of Factors Of Production
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Economics Jamb Past Questions


Questions and Answers on Determination of wages, interest, and profits of Factors of Production

Question 21 :



A valid explanation for real wage growth is

A. An increase in the rate of productivity
B. The rising cost of capital accumulation
C. A contraction of emploment in service industries
D. An increase in the quantity of labour






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