According to the AS-AD Model, If Workers Demand Higher Wages

question 58

True/False

According to the AS-AD model, if workers demand higher wages, then equilibrium output and the equilibrium price level will fall in the short run.

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Marijuana

A psychoactive drug from the Cannabis plant used for medical or recreational purposes, known for its relaxing effects.

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Having a compulsive, physiological or psychological need for a habit-forming substance, behavior, or activity.

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Advantages or favorable outcomes derived from actions, policies, or products.

Unclean Needles

Needles that have been used and not sterilized, posing a risk of transmitting infections.