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    Macroeconomics Principles Study Set 1
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    Exam 6: Measuring Inflation and Unemployment
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    Wages That Are Higher Than Equilibrium Can Lead to
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Wages That Are Higher Than Equilibrium Can Lead to

Question 18

Question 18

Multiple Choice

Wages that are higher than equilibrium can lead to


A) unemployment.
B) overemployment.
C) a labor shortage.
D) a downward wage-price spiral.

Correct Answer:

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