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    Exam 23: Output and Prices in the Short Run
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    Consider the Economy's Aggregate Supply Curve
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Consider the Economy's Aggregate Supply Curve

Question 131

Question 131

Multiple Choice

Consider the economy's aggregate supply curve.Other things being equal,unit costs will tend to fall if


A) there is a fall in the price of oil.
B) the government increases payroll taxes.
C) wages fall.
D) wage and price controls are in effect.
E) wage increases are less than productivity increases.

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