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NYC NYC
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8 years ago
Efficiency wage theory suggests that firms may hold wages ________ the market clearing rate because they believe that the productivity of workers ________ with the wage rate.
A) below; decreases
B) below; increases
C) above; decreases
D) above; increases
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Thanks for answering Slight Smile
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