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After a devaluation, all other things equal, exports will likely _____ and imports will likely _____.
Leisure
Free time when one is not working or occupied, which can be used for rest, entertainment, or activities one enjoys.
Nonlabor Income
Income received that is not related to wages or salaries, such as income from investments, pensions, or social security.
Wage Rate
The standardized amount of pay that a worker receives for performing a specific task, usually expressed per hour or unit of work.
Labor
The human effort, both physical and mental, used in the production of goods and services.
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