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    Economics Principles and Policy Study Set 1
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    Exam 27: Bringing in the Supply Side: Unemployment and Inflation
  5. Question
    Wage Increases Are Resisted by Firms Because They Decrease Profits
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Wage Increases Are Resisted by Firms Because They Decrease Profits

Question 217

Question 217

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Wage increases are resisted by firms because they decrease profits.

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