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    Economics A Contemporary Introduction
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    Exam 11: Aggregate Supply
  5. Question
    Because Nominal Wages Fall Slowly,the Supply-Side Adjustments Needed to Close
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Because Nominal Wages Fall Slowly,the Supply-Side Adjustments Needed to Close

Question 45

Question 45

True/False

Because nominal wages fall slowly,the supply-side adjustments needed to close a contractionary gap may take very long.

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