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Other Fields Homework Help Economics Topic started by: johnpaul92 on Jan 30, 2016



Title: According to the efficiency wage model, during a recession, firms will not reduce real wages because
Post by: johnpaul92 on Jan 30, 2016
According to the efficiency wage model, during a recession, firms will not reduce real wages because
A) legally, they can't.
B) unions would go on strike, reducing profitability.
C) this would reduce worker effort and productivity.
D) the equilibrium real wage has increased.


Title: Re: According to the efficiency wage model, during a recession, firms will not reduce real wages bec
Post by: supaman on Feb 4, 2016
Content hidden


Title: Re: According to the efficiency wage model, during a recession, firms will not reduce real wages because
Post by: johnpaul92 on Feb 13, 2016
Appreciate your help, thank you again


Title: Re: According to the efficiency wage model, during a recession, firms will not reduce real wages because
Post by: supaman on Feb 14, 2016
Take care for now