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Which of the following happens during a recession?

mrtrombley92

wrote...

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Posts: 128

Rep:

A year ago

Which of the following happens during a recession?

Which of the following happens during a recession?

▸ Labor supply falls.

▸ The equilibrium wage rate falls.

▸ Labor demand increases.

▸ The equilibrium wage rate rises.

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 46 times

1 Reply

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Answer verified by a subject expert

eminemluvr87

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Posts: 130

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A year ago

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mrtrombley92 Author

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A year ago

Thanks

Chaldoren

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Yesterday

Smart ... Thanks!

Marcie D

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2 hours ago

Good timing, thanks!

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