8. *If the price level in the current period is lower than buyers and sellers anticipated, how...

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8. *If the price level in the current period is lower than buyers and sellers anticipated, how will output and employment be affected?

What is likely to happen to the rate of unemployment?

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Macroeconomics Private And Public Choice

ISBN: 9781111970628

14th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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