Multiple Choice
The answer is: "It is sometimes in the best interest of business firms to pay their employees higher-than-equilibrium wage rates." What is the question?
A) What do efficiency wage models imply?
B) What do classical economists say?
C) What is the central tenet of Say's law?
D) What did John Maynard Keynes say was the reason for inflexible wages?
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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