What are the recent trends in wages and salaries and in benefits? In the long run, how
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What are the recent trends in wages and salaries and in benefits? In the long run, how should these trends be related to movements in the overall price level? Explain
How has labor productivity behaved recently? What does this imply for the long-run aggregate supply curve? Explain
Does it appear that the U.S. economy is currently in a long-run growth equilibrium? Explain
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