True/False
If output is below the full-employment level of output,we should expect wages to increase over time.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q72: The aggregate supply curve describes the same
Q73: Which of the following would shift the
Q74: The economy's long run aggregate supply curve<br>A)
Q75: In the short run,the price level will
Q76: The aggregate demand curve tells us equilibrium
Q78: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q79: If the price level is increasing and
Q80: The decline in output at the onset
Q81: An increase in the price level will
Q82: An increase in oil prices is considered