Multiple Choice
With the real wage on the vertical axis and the unemployment rate on the horizontal axis, we know that:
A) the WS curve is upward sloping.
B) the WS curve is downward sloping.
C) the PS curve is downward sloping.
D) the PS curve is upward sloping.
E) the WS curve is horizontal.
Correct Answer:
Verified
Correct Answer:
Verified
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