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During the 2000s labor costs were rising faster than labor productivity in Spain. As a result, holding other factors fixed, it's most likely that:

During the 2000s labor costs were rising faster than labor productivity in Spain. As a result, holding other factors fixed, it's most likely that:

a.products produced in Spain were becoming less competitive on international markets

b.the Spanish unemployment rate was consistently low

c.Spanish net exports has increased

d.firms were getting more profits (b)

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