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28 Sep 2019
Through the natural adjustment process
A. Labour market pressures on wages causing the Aggregate Supply curve to shift.
B. Labour market puts pressure on wages causing the Aggregate Demand curve to shift.
C. Unemployment puts pressure on wages causing the Long Run Aggregate Supply curve to shift.
D. Government engages in spending to close the output gap.
Through the natural adjustment process
A. Labour market pressures on wages causing the Aggregate Supply curve to shift.
B. Labour market puts pressure on wages causing the Aggregate Demand curve to shift.
C. Unemployment puts pressure on wages causing the Long Run Aggregate Supply curve to shift.
D. Government engages in spending to close the output gap.
Casey DurganLv2
28 Sep 2019