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Figure 33-2. -Refer to Stock Market Boom 2014.What Happens to the Expected

Question 45

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Figure 33-2. Figure 33-2. -Refer to Stock Market Boom 2014.What happens to the expected price level and what impact does this have on wage bargaining? A) The expected price level falls.Bargains are struck for higher wages. B) The expected price level falls.Bargains are struck for lower wages. C) The expected price level rises.Bargains are struck for higher wages. D) The expected price level rises.Bargains are struck for lower wages.
-Refer to Stock Market Boom 2014.What happens to the expected price level and what impact does this have on wage bargaining?


A) The expected price level falls.Bargains are struck for higher wages.
B) The expected price level falls.Bargains are struck for lower wages.
C) The expected price level rises.Bargains are struck for higher wages.
D) The expected price level rises.Bargains are struck for lower wages.

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