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Wage Agreements May Cause Costs to Be __________ Flexible Than

Question 103

Multiple Choice

Wage agreements may cause costs to be __________ flexible than prices so that __________ in the price level cause __________ in aggregate quantity supplied.


A) more; decreases; decreases
B) more; increases; decreases
C) less; increases; decreases
D) less; decreases; increases
E) less; decreases; decreases

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