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If a neoclassical model shows increasing wages in the economy over the long run, what else will likely occur? Question 49 options: a) substantial short-term

If a neoclassical model shows increasing wages in the economy over the long run, what else will likely occur? Question 49 options: a) substantial short-term off-setting decrease in output b) change in government policy to decrease in aggregate demand c) short-run decrease in cyclical unemployment d) inflationary increase in price level

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