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Home Q & A Board Other Fields Homework Help Business Economics
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johnpaul92 johnpaul92
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8 years ago
In the Keynesian model, the real wage is mildly procyclical because
A) firms take advantage of recessions to pay slightly lower wages, since there's excess labor supply.
B) workers' effort may depend on the unemployment rate and the real wage.
C) the supply of labor fluctuates with the business cycle.
D) demand for labor fluctuates with the demand for final goods.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This is incredible, wasn't expecting anyone to answer this one
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#3
8 years ago
Glad to be part of your success Wink Face
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