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It is true that a recessionary gap Group of answer choices will not persist because the aggregate supply curve will shift to the left and
It is true that a recessionary gap Group of answer choices will not persist because the aggregate supply curve will shift to the left and eliminate the recessionary gap. may not self-correct even if workers quickly accept lower wages after they lose their current jobs. . may not self-correct if low levels of output prevent the aggregate supply curve from becoming steeper. may not self-correct if prices and wages do not fall causing output to remain below potential GDP
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