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In the Keynesian DMP Model,the High Wage Equilibrium

Question 35

Multiple Choice

In the Keynesian DMP model,the high wage equilibrium


A) has lower market tightness than the low wage equilibrium.
B) has higher market tightness than the low wage equilibrium.
C) is usually not attainable.
D) represents an increase in bargaining power for firms.
E) has the same market tightness as the low wage equilibrium.

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