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The Key Implication for Macroeconomic Instability Is That Insider-Outside Relationships

Question 68

Multiple Choice

The key implication for macroeconomic instability is that insider-outside relationships in the labor market:


A) Contribute to the downward inflexibility of wages
B) Help reduce the downward inflexibility of wages
C) Increase the velocity of money
D) Reduce the velocity of money

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