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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 32
Nominal wages are assumed fixed in the short run because
A) workers have wages stated in their contracts.
B) of minimum wage laws.
C) workers are unaware of short-run changes in their real wages.
D) All of the answers above are correct.
E) None of the answers above are correct.
A) workers have wages stated in their contracts.
B) of minimum wage laws.
C) workers are unaware of short-run changes in their real wages.
D) All of the answers above are correct.
E) None of the answers above are correct.
Explanation
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The nominal wages are generally defined ...
Economics for Today 9th Edition by Irvin Tucker
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