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OpenStudy (theopenstudyowl):
If there are price controls on wages and input prices: the economy may operate above full-employment in the long run. the economy may operate below full-employment in the long run. the economy may operate at full-employment in the long run. the automatic adjustment process by which changes in wages move the AS curve, shifting the economy into long-run equilibrium, can’t occur. All of these
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OpenStudy (theopenstudyowl):
@deana99
OpenStudy (theopenstudyowl):
can u answer this one?
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