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When an Employer Is Forced to Increase Wages at the Same

Question 74

Multiple Choice

When an employer is forced to increase wages at the same rate of inflation,the


A) worker is receiving a cost-of-living adjustment.
B) economy is experiencing stagflation.
C) economy is experiencing hyperinflation.
D) economy is experiencing disinflation.
E) effects of expansionary monetary policy are amplified.

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