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bedau bedau
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7 years ago
Suppose that a country's workers are universally protected by COLAs and an adverse SAS shock, occurs. After wage and price adjustments, ceteris paribus, we find
A) output falls dramatically and unemployment rises.
B) real wages decline and unemployment rises.
C) real wages rise and unemployment falls.
D) none of the above
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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#1
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7 years ago
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bedau Author
wrote...

7 years ago
Smart ... Thanks!
MLynneMcMillan
wrote...

Yesterday
Thank you, thank you, thank you!
deathDoUsPart
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2 hours ago
Good timing, thanks!
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