Business, 21.10.2020 17:01 Nunez610

Which of the following statements is true? Group of answer choices If current Real GDP is greater than Natural Real GDP, the economy is in a recessionary gap. If current Real GDP is less than Natural Real GDP, the economy is in long-run equilibrium. Wages are flexible if the economy is self-regulating. Wages rise but prices remain constant in long-run equilibrium. All economists believe the economy is self-regulating.

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Which of the following statements is true? Group of answer choices If current Real GDP is greater th...

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