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bedau bedau
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7 years ago
The existence of staggered overlapping wage contracts makes the assumption of backward-looking expectations ________ reasonable since wages and prices tend to adjust ________ to changes in nominal GDP.
A) less, quickly
B) less, gradually
C) more, quickly
D) more, gradually
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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7 years ago
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bedau Author
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7 years ago
Thanks for your help!!
wyq2651
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
vernonb
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2 hours ago
Helped a lot
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