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    Exam 14: Aggregate Demand and Aggregate Supply
  5. Question
    When _____ Wages Are Sticky, _____ in the Price Level
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When _____ Wages Are Sticky, _____ in the Price Level

Question 102

Question 102

Multiple Choice

When _____ wages are sticky, _____ in the price level leads to a decrease in the profit earned by businesses.


A) real; a decrease
B) nominal; a decrease
C) real; an increase
D) nominal; an increase

Correct Answer:

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