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22 January, 20:50

If the economy is self-regulating and in a recessionary gap,

a. wages and prices will rise.

b. wages will fall, but prices will rise.

c. wages and prices will fall.

d. neither wages nor prices will change.

e. wages will rise, but prices will fall.

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Answers (1)
  1. 22 January, 20:54
    0
    The correct answer is

    c. wages and prices will fall.
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