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The sticky-wage theory of the short-run aggregate supply curve says that when the price level is lower than expected a. relative to prices wages are

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The sticky-wage theory of the short-run aggregate supply curve says that when the price level is lower than expected a. relative to prices wages are lower and employment ries b. relative to prices wages are lower and employment falls c. relative to prices wages are hugher and employment rise d relative to prices wages are higher and employment fails

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