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Answer :
True, the upward slope of the supply curve assumes that wages are sticky ap macroeconomics.
What is macroeconomics?
One area of economics that provides a comprehensive picture is macroeconomics. Numerous economic issues are taken into consideration as part of its extensive examination of the economy. Macroeconomics includes measuring and understanding both the problems that an economy faces and the progress that it makes.
Inflation, unemployment, a rising tax burden, etc., are all taken into consideration when discussing the problems that an economy faces. This demonstrates that macroeconomics places a strong emphasis on large numbers. It examines the relationships between different nations and how the actions of one have an impact on those of another. It limits its focus while analysing the accomplishments and failures of government initiatives.
Learn more about Macroeconomics
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