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It is true that a recessionary gap Grupo de elecciones de respuesta may not self-correct if prices and wages do not fall causing output to
It is true that a recessionary gap Grupo de elecciones de respuesta may not self-correct if prices and wages do not fall causing output to remain below potential GDP. 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
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