What role does expected price level play in the adjustment

Reference no: EM13698326

Use the sticky wage theory of aggregate supply to explain what will happen to output and the price level in the long run. What role does expected price level play in the adjustment?

Reference no: EM13698326

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What role does expected price level play in the adjustment : Use the sticky wage theory of aggregate supply to explain what will happen to output and the price level in the long run. What role does expected price level play in the adjustment?

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