Multiple Choice
Samuelson and Solow reasoned that when aggregate demand was high, unemployment was
A) low, so there was upward pressure on wages and prices.
B) low, so there was downward pressure on wages and prices.
C) high, so there was upward pressure on wages and prices.
D) high, so there was downward pressure on wages and prices.
Correct Answer:
Verified
Correct Answer:
Verified
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