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What impact will an unexpected increase in aggregate demand have on real wages?
Percentage
A proportion or share in relation to a whole, represented as a fraction of 100.
Industrialized Societies
Societies characterized by large-scale industries, advanced technology, and a focus on manufacturing goods for consumption.
Fertility Rates
The average number of children born to a woman over her lifetime in a specific population.
Population Growth
The increase in the number of individuals in a population, often measured by the rate at which the number of individuals increases over a specific time period.
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