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    Macroeconomics Study Set 68
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    Exam 12: Aggregate Demand and Aggregate Supply
  5. Question
    Prices and Wages Tend to Be
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Prices and Wages Tend to Be

Question 221

Question 221

Multiple Choice

Prices and wages tend to be


A) flexible both upward and downward.
B) inflexible both upward and downward.
C) flexible downward but inflexible upward.
D) flexible upward but inflexible downward.

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