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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
When the economy enters into a recession, your employer is ________ to reduce your wages because ________.
A) unlikely; output and input prices generally fall during recession
B) unlikely; lower wages reduce productivity and morale
C) likely; output prices always fall during recession
D) likely; aggregate demand is vertical in the long run
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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8 years ago
Don't mention it Happy Dummy
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