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When Nominal Wages Increase, the Short-Run Aggregate Supply Curve

question 166

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When nominal wages increase, the short-run aggregate supply curve:


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Ability

A person's level of competence in or aptitude for a particular task or range of tasks.

Clairvoyance

The claimed ability to gain information about an object, person, location, or physical event through extrasensory perception.

Telepathy

The alleged transmission of ideas or thoughts through channels beyond the traditional senses.

Precognition

The purported capability of foreseeing future events or having knowledge about them before they take place.

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