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    Evaluate the Statement That "Unexpected Declines in Demand, with Inflexible
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Evaluate the Statement That "Unexpected Declines in Demand, with Inflexible

Question 39

Question 39

Essay

Evaluate the statement that "unexpected declines in demand, with inflexible prices, generate a rise
in unemployment and a fall in output. "

Correct Answer:

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This is a true statement. When prices ar...

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