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suiren suiren
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Posts: 496
5 years ago

Question 1.

At equilibrium in the labor market, prices and wages reflect a trade-off between the value households place on outputs and the value of time spent in leisure and nonmarket activities.



▸ true

▸ false

Question 2.

Classical economists believe that the absence of sticky wages results in a vertical aggregate supply curve.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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JlynnJlynn
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Posts: 391
5 years ago
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suiren Author
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Smart ... Thanks!
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Thank you, thank you, thank you!
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