Examlex
All of the following are advantages of Internet surveys EXCEPT:
Real Wages
The purchasing power of wages, adjusted for inflation, reflecting the actual goods and services that money earned as wages can buy.
Labor Shortages
A situation in which employers have difficulty filling positions with qualified candidates, often due to a lack of available or skilled workers.
Short-Run Aggregate Supply
The aggregate volume of products and services that companies intend to sell within a brief period in the economy, based on existing price levels.
Long-Run Aggregate Supply
Represents the total production of goods and services in an economy at full employment, without any market frictions.
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