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What would help wages from falling quickly in a recession

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Reference no: EM13293331

1. What would happen to short- and long-run aggregate supply if unusually good weather let to bumper corps of most agricultural produce?

2. What would help wages from falling quickly in a recession?

3. What is a recessionary gap? Give Example.

4. Why could you say that supply-side economics is really more about after-tax wages and after-tax returns on investment than is about tax rates?

Reference no: EM13293331

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