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-In the above figure, the short-run aggregate supply curve is SAS1. If the money wage rate increases, there is
Fallacy Of Division
A logical fallacy that occurs when one assumes that something true of a whole must also be true of its parts.
Hasty Generalization
A logical fallacy where a conclusion is drawn from insufficient evidence or sample size.
Slippery Slope Fallacy
A logical fallacy suggesting that a relatively small first step will lead to a chain of related events culminating in some significant effect, often negative, without adequate evidence to support that outcome.
Undesirable Outcome
A result or consequence that is not wanted or is considered negative.
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