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    Modern Principles of Economics
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    Exam 13: Business Fluctuations: Aggregate Demand and Supply
  5. Question
    Wages That Do Not Respond Quickly to Changes in the Inflation
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Wages That Do Not Respond Quickly to Changes in the Inflation

Question 127

Question 127

Multiple Choice

Wages that do not respond quickly to changes in the inflation rate are:


A) real wages.
B) flexible wages.
C) decreasing wages.
D) sticky wages.

Correct Answer:

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