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Other Fields Homework Help Economics Topic started by: Tidy on Jun 22, 2015



Title: Studies have shown that (Multiple Choice Question)
Post by: Tidy on Jun 22, 2015
Studies have shown that
A) firms often cut nominal wages during recessions and allow inflation to gradually increase real wages.
B) firms are reluctant to cut nominal wages during recessions but instead increase workers' nominal wages and allow inflation to gradually increase real wages.
C) firms are reluctant to cut nominal wages during recessions but instead freeze workers' nominal wages and allow inflation to gradually reduce real wages.
D) firms often freeze workers' nominal wages during a recession and keep the wages frozen well after the recession has ended.


Title: Re: Studies have shown that
Post by: Smoooth on Jul 13, 2015
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Title: Re: Studies have shown that
Post by: Smoooth on Aug 31, 2015
You're welcome :-]