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AkuAku AkuAku
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5 years ago
Employees at the hospital have negotiated a 3 percent increase in wages for the next year, based on their inflation expectations. If inflation is actually 5 percent over the next year, which of the following will occur?
A) Unemployment of hospital employees will rise.
B) Real wages for hospital employees will fall.
C) Inflation will be 3 percent the following year.
D) The increase in inflatioAnswer: ected.
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InMacro

InMacro


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jjennaleighhjjennaleighh
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5 years ago
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