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Consider the basic AD/AS model. When wage rates rise faster than the increase in labour productivity, the Select one: O A. AD curve shifts left.
Consider the basic AD/AS model. When wage rates rise faster than the increase in labour productivity, the Select one: O A. AD curve shifts left. O B. AS curve shifts upward. O C. output gap increases. O D. AS curve shifts downward. O E. output gap falls
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