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    Macroeconomics Study Set 40
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    Exam 10: Aggregate Supply and Aggregate Demand
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    An Economy Currently Has a Inflationary Gap
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An Economy Currently Has a Inflationary Gap

Question 96

Question 96

Multiple Choice

An economy currently has a inflationary gap. An increase in the money wage rate will the inflationary gap and the price level.


A) decrease; increase
B) increase; increase
C) increase; decrease
D) decrease; decrease

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