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    Macroeconomics Study Set 29
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    Exam 12: Aggregate Demand and Aggregate Supply
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    When Unemployment Is High,in the Short Run,nominal Wages Will
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When Unemployment Is High,in the Short Run,nominal Wages Will

Question 252

Question 252

Multiple Choice

When unemployment is high,in the short run,nominal wages will:


A) be flexible.
B) be inflexible.
C) not be affected.
D) be contracted at the minimum wage.

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