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Title: Whenever the economy is in equilibrium below potential, unemployment ultimately leads to falling ... Post by: Mandolina on May 25, 2017 Whenever the economy is in equilibrium below potential, unemployment ultimately leads to falling wages which cause the AD curve to shift to the right and restore full employment and potential GDP.
( T / F )? Title: Re: Whenever the economy is in equilibrium below potential, unemployment ultimately leads to falling ... Post by: folioge on May 25, 2017 Content hidden
Title: Re: Whenever the economy is in equilibrium below potential, unemployment ultimately leads to falling ... Post by: Mandolina on Jun 25, 2017 Makes a ton of sense now :D
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