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    Principles of Macroeconomics Study Set 12
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    Exam 13: The Labor Market in the Macroeconomy
  5. Question
    Those Who Believe That Wages Adjust ________ to Clear the Labor
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Those Who Believe That Wages Adjust ________ to Clear the Labor

Question 163

Question 163

Multiple Choice

Those who believe that wages adjust ________ to clear the labor market also believe that the ________ curve is vertical.


A) slowly; AD
B) quickly; AD
C) slowly; AS
D) quickly; AS

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