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    Exam 15: Modern Macroeconomics: From the Short Run to the Long Run
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    If GDP Is ________ Potential Output, Then We Expect to See
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If GDP Is ________ Potential Output, Then We Expect to See

Question 84

Question 84

Multiple Choice

If GDP is ________ potential output, then we expect to see ________ wages, causing the short-run aggregate supply curve to shift up.


A) above; increasing
B) above; decreasing
C) below; increasing
D) below; decreasing

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