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Self-Correction Works to Close a Recessionary Gap Because _____

Question 3

Multiple Choice

Self-correction works to close a recessionary gap because _____


A) a labor shortage causes wages to increase.
B) a labor surplus causes wages to increase.
C) a labor shortage causes wages to fall.
D) a labor surplus causes wages to fall.
E) a labor surplus causes price to fall.

Correct Answer:

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