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    Macroeconomics Principles Study Set 1
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    Exam 9: Aggregate Demand and Supply
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    Suppose Workers Are Under a Contract in Which Wages Are
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Suppose Workers Are Under a Contract in Which Wages Are

Question 79

Question 79

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Suppose workers are under a contract in which wages are fixed for 5 years. How would this contract affect the shape of the aggregate supply curve?

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The upward sloping section of the supply...

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