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    Principles of Macroeconomics
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    Exam 16: Inflation and Unemployment
  5. Question
    The Efficiency-Wage Theory Holds That the Market Equilibrium Wage Is
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The Efficiency-Wage Theory Holds That the Market Equilibrium Wage Is

Question 3

Question 3

True/False

The efficiency-wage theory holds that the market equilibrium wage is the efficient wage.

Correct Answer:

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