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    Survey of ECON
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    Exam 17: Issues in Macroeconomic Theory and Policy
  5. Question
    When the Economy Operates at Levels Significantly Lower Than the Full-Employment
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When the Economy Operates at Levels Significantly Lower Than the Full-Employment

Question 42

Question 42

True/False

When the economy operates at levels significantly lower than the full-employment level, input prices are flexible.

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