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7.3 What causes changes in unemployment over the short run  (Page 14/14)

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  • Card 14 / 14:
    relative wage coordination argument

    across-the-board wage cuts are hard for an economy to implement, and workers fight against them

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Practice FlashCards 5 Key Terms 6

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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