Solved

Select the Positive Statement That Completes the Sentence: If Wages

Question 18

Multiple Choice

Select the positive statement that completes the sentence: If wages rise more rapidly than productivity:


A) profits will fall.
B) workers will earn 3/4 of GDP.
C) the rate of inflation increases.
D) policymakers should impose a wage ceiling.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions