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Samuelson and Solow Argued That When Unemployment Is High

Question 29

Multiple Choice

Samuelson and Solow argued that when unemployment is high,


A) aggregate demand is high,which puts upward pressure on wages and prices.
B) aggregate demand is high,which puts downward pressure on wages and prices.
C) aggregate demand is low,which puts upward pressure on wages and prices.
D) aggregate demand is low,which puts downward pressure on wages and prices.

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