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BrendanOO7 BrendanOO7
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Posts: 260
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6 years ago
Which of the following does NOT explain why firms and employees may prefer layoffs to wage reductions?
A) Employees may possess firm-specific training.
B) Employees may possess general training.
C) Firms may have implicitly promised a wage path to their employees.
D) Experienced workers may prefer a certain income stream to an uncertain income stream.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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ShadiasShadias
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6 years ago
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BrendanOO7 Author
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6 years ago
Just got PERFECT on my quiz
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You make an excellent tutor!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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