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    Business
  3. Study Set
    Principles of Macroeconomics Study Set 12
  4. Exam
    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Question
    If There Is an Increase in the Percentage of Employees
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If There Is an Increase in the Percentage of Employees

Question 204

Question 204

Multiple Choice

If there is an increase in the percentage of employees whose wages adjust automatically with changes in the price level, the aggregate supply curve will become


A) steeper.
B) flatter.
C) horizontal.
D) vertical.

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