During Recessions,workers Resist Efforts to Reduce Nominal Wages Because

Multiple Choice

During recessions,workers resist efforts to reduce nominal wages because

A) they believe wage reductions are inefficient
B) they care more about nominal wages than about real wages
C) they worry that they will not qualify for unemployment benefits
D) they would rather be unemployed than accept a lower nominal wage
E) of the difficulty of coordinating wage cuts on a large scale