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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
An economy experiences a recessionary gap. As the economy adjusts to full employment, the money wage rate
A) falls, shifting the aggregate supply curve rightward.
B) rises, shifting the aggregate supply curve leftward.
C) rises, shifting the aggregate demand curve rightward.
D) falls, shifting the aggregate demand curve leftward.
E) falls, increasing potential GDP.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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#1
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8 years ago
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Loraine Author
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Thanks for your help!!
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