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question_answer Discussion Board for a Question on Quiz: Economics (WAEC 2001)

50 Questions · Public · Objective · Quiz suitable for all ages

37 Click Here To Discuss Question

if there is an increase in wages and salaries without corresponding increase in the supply of goods and services, the situation will lead to

Select 1 Option (1 Mks)
  • a reduction in aggregate demand
  • inflation
  • depression
  • budget surplus
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