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Solved: 0/1 Pts Question 1 When Output Is Below Its Full-employment Level, The Short-run Aggregate Supply Curve Will Shift Down And To The Right Because Correct Answer Workers' Wages Will Decline. You

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0/1 pts Question 1 When output is below its full-employment level, the short-run aggregate supply curve will shift down and tcan someone help me explain why answer is wage will decline?



0/1 pts Question 1 When output is below its full-employment level, the short-run aggregate supply curve will shift down and to the right because Correct Answer workers' wages will decline. You Answered Oprices of nonlabor inputs will rise. workers' wages will rise the expected price level will be below the actual price level.

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When supply side costs decreases then producers increase supply . When supply increase the supply curve moves toward right reducing the

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