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Business, 29.11.2019 06:31 jeremiahdacalio

The sticky-wage theory of the short-run aggregate supply curve says that when the price level rises more than expected,
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production is more profitable and employment rises.
production is more profitable and employment falls.
production is less profitable and employment rises.
production is less profitable and employment falls.

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The sticky-wage theory of the short-run aggregate supply curve says that when the price level rises...

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