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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
Textbook 
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
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7 years ago
Thanks for your help!!
SupremeDJ
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Yesterday
You make an excellent tutor!
ofsuahasiufhoas
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2 hours ago
Thanks
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