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Scribs Scribs
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6 years ago
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
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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6 years ago
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Scribs Author
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6 years ago
Thank you, thank you, thank you!
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Thanks
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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