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The ________ in employment during a recession is smaller if wages are ________.
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The ________ in employment during a recession is smaller if wages are ________.
The ________ in employment during a recession is smaller if wages are ________.
▸ increase; flexible
▸ decline; flexible
▸ increase; rigid
▸ decline; rigid
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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decline; flexible
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Thanks for your help!!
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