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    Exam 10: Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy
  5. Question
    The Efficiency Wage Model Is an Explanation of Wage __________
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The Efficiency Wage Model Is an Explanation of Wage __________

Question 6

Question 6

Multiple Choice

The efficiency wage model is an explanation of wage __________ and thus a support for __________ macroeconomics.


A) flexibility; Keynesian
B) flexibility; classical
C) inflexibility; Keynesian
D) inflexibility; classical

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