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    Exam 11: Classical and Keynesian Macro Analyses
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    According to Keynes, Wages Are Inflexible Because
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According to Keynes, Wages Are Inflexible Because

Question 198

Question 198

Multiple Choice

According to Keynes, wages are inflexible because


A) of the minimum wage set by government.
B) of long-term contracts.
C) workers do not behave in their own self-interest.
D) workers are not rational.

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