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The Key Implication for Macroeconomic Instability Is That Insider-Outsider Relationships

Question 6

Multiple Choice

The key implication for macroeconomic instability is that insider-outsider relationships in the labor market


A) contribute to the downward inflexibility of wages.
B) help reduce the downward inflexibility of wages.
C) increase the velocity of money.
D) reduce the velocity of money.

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