Multiple Choice
Assume that expectations of P and A are correct. Based on the wage- setting behaviour, the real wage will be equal to which of the following?
A) P(1 + m) .
B) APF(u, z) .
C) AP(1 + µ) .
D) A(1 + m) .
E) AF(u, z) .
Correct Answer:
Verified
Correct Answer:
Verified
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