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1. Match the terms with their corresponding descriptions. Firms\' costs associat

ID: 1181040 • Letter: 1

Question

1.

Match the terms with their corresponding descriptions. Firms' costs associated with changing their prices. When workers respond not to the purchasing power of their wage but to the face value of their wage or salary. An event that changes the existing productivity and therefore changes the extent to which economic growth occurs. Given flexible prices and the existing factors of production, a measure of how much the economy grows. Variations in the growth rate from the long-run rate of economic growth.

Explanation / Answer

A-6

B-5

C-7

D-3

E-2

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