Multiple Choice
When wages are set by contract,inflation
A) reduces real wages;this likely makes labor markets more flexible.
B) reduces real wages;this likely makes labor markets less flexible.
C) raises real wages;this likely makes labor markets more flexible.
D) raises real wages;this likely makes labor markets less flexible.
Correct Answer:
Verified
Correct Answer:
Verified
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Q14: Which of the following things can a
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