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Begonia Begonia
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Posts: 464
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4 years ago
If the unemployment rate is below the natural rate, then we expect to see

▸ falling wages, causing the short-run aggregate supply curve to shift down.

▸ falling wages, causing the short-run aggregate supply curve to shift up.

▸ increasing wages, causing the short-run aggregate supply curve to shift up.

▸ increasing wages, causing the short-run aggregate supply curve to shift down.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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BakariBakari
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Posts: 371
4 years ago
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Begonia Author
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4 years ago
Brilliant
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Thanks for your help!!
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