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Use the Following Statements to Answer This Question: I

Question 45

Multiple Choice

Use the following statements to answer this question: I. Efficiency wage theory was developed to help explain persistent unemployment and wage discrimination in labor markets.
II) Efficiency wage theory recognizes that labor productivity may be affected by the wage rate.


A) I and II are true.
B) I is true and II is false.
C) II is true and I is false.
D) I and II are false.

Correct Answer:

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