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    Exam 17: Output and the Exchange Rate in the Short Run
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    Why Is the Economy at Full Employment in the Long
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Why Is the Economy at Full Employment in the Long

Question 85

Question 85

Multiple Choice

Why is the economy at full employment in the long run?


A) Only wages have the ability to adjust.
B) Only price can adjust.
C) Prices don't adjust.
D) Wages and the price level eventually adjust to develop full employment.
E) Wages don't adjust.

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