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If Wages and Other Input Prices Are Inflexible, Then the Economy

question 75

True/False

If wages and other input prices are inflexible, then the economy will not automatically adjust to full
employment in the long run.


Definitions:

Thymine

One of the four nucleobases in the DNA of cells, which pairs with adenine.

Adenine Bases

One of the four nucleotide bases found in DNA and RNA, which pairs with thymine in DNA and with uracil in RNA.

Guanine

One of the four main nucleobases found in the nucleic acids DNA and RNA, characterized by its pairing with cytosine.

Cytosine

A nitrogenous base found in DNA and RNA, pairing with guanine.

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