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If the unemployment rate is less than the NAIRU, Question content area bottom Part 1 A.there is a recessionary output gap. there is a recessionary
If the unemployment rate is less than the NAIRU, Question content area bottom Part 1 A.there is a recessionary output gap. there is a recessionary output gap.there is a recessionary output gap. B. the AD curve will shift downward. C.the AS curve will shift upward. the AS curve will shift upward.the AS curve will shift upward. D. there will be downward pressure on wages
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