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    Economics Principles and Policy Study Set 2
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    Exam 33: The Trade-Off Between Inflation and Unemployment
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    The Economy's Self-Correcting Mechanism Refers to the Way Money Wages
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The Economy's Self-Correcting Mechanism Refers to the Way Money Wages

Question 64

Question 64

True/False

The economy's self-correcting mechanism refers to the way money wages react to either a recessionary gap or an inflationary gap.

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