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We Have Drawn the SAS and SP Curves as Straight

Question 11

Multiple Choice

We have drawn the SAS and SP curves as straight lines for convenience.More realistically,rising output ________ the structural unemployment problem and the effect of this on wages causes those curves to ________ in slope.


A) aggravates,increase
B) aggravates,decrease
C) alleviates,increase
D) alleviates,decrease

Correct Answer:

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