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    Principles of Macroeconomics Study Set 12
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    Exam 13: The Labor Market in the Macroeconomy
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    As the Unemployment Rate Decreases in Response to the Economy
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As the Unemployment Rate Decreases in Response to the Economy

Question 179

Question 179

Multiple Choice

As the unemployment rate decreases in response to the economy moving toward capacity output, the aggregate price level


A) is stable.
B) rises.
C) falls at an increasing rate.
D) falls at a declining rate.

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