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Samuelson and Solow Argued That When Unemployment Is High, There

Question 238

Multiple Choice

Samuelson and Solow argued that when unemployment is high, there is


A) upward pressures on wages and prices.
B) upward pressures on wages and downward pressures on prices.
C) upward pressures on prices and downward pressures on wages.
D) downward pressures on wages and prices.

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