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Scribs Scribs
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5 years ago
Efficiency wage theory provides a reason for uncontracted nominal wages to ________ when nominal aggregate demand falls, thus ________ a recession.
A) fall proportionately, leading to
B) fall proportionately, preventing
C) remain unchanged, leading to
D) remain unchanged, preventing
Textbook 

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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5 years ago
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C

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Scribs Author
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5 years ago
Thank you for helping me all throughout my semester
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