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If all firms are paying efficiency wages and nominal aggregate demand falls, then between maintaining nominal wages and reducing them firms generally find it more profitable to ________ them, thus ________ the unemployment rate.
A) maintain, increasing
B) maintain, maintaining
C) reduce, increasing
D) reduce, maintaining
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Macroeconomics

Macroeconomics


Edition: 12th
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Scribs Author
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6 years ago
Thanks for your help!!
Helpmeplease11
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Yesterday
Smart ... Thanks!
Transonic
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2 hours ago
this is exactly what I needed
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