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11/9 Non-marketclearing and marketclearing economists tend to agree that O A. Actual output adjusts only gradually to potential output. (9 B. Wages are perfectly exible.
11/9
Non-marketclearing and marketclearing economists tend to agree that O A. Actual output adjusts only gradually to potential output. (9 B. Wages are perfectly exible. O C. AD shocks cause changes in output. 0 D. Shocks to technology and preferences lead to changes in both potential output and the NAIRU. O E. Unemployment is always equal to the NAIRUStep by Step Solution
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