All of the following are typical results of a booming economy EXCEPT ________.

Name: All of the following are typical results of a booming economy EXCEPT ________.
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Question

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C) The economy definitely affects financial compensation decisions. For example, a depressed economy generally increases the labor supply. A booming economy results in greater competition for workers and the price of labor is driven upward. In addition, the cost of living typically rises as the economy expands.

All of the Following Are Typical Results of a Booming