In Figure 32.7, how does the unemployment rate at points B and C compare to the unemployment

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In Figure 32.7, how does the unemployment rate at points B and C compare to the unemployment rate at point A? Under the sticky wage explanation of the shortrun AS curve, how does the real wage at points B and C compare to the real wage at point A?

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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