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Sticky Nominal Wages Can Lead To

Question 96

Multiple Choice

Sticky nominal wages can lead to:


A) involuntary unemployment.
B) Sticky nominal wages can lead to: A) involuntary unemployment. B) C) a labor surplus. D) falling real wages. E) higher levels of TFP.
C) a labor surplus.
D) falling real wages.
E) higher levels of TFP.

Correct Answer:

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