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In the Keynesian DMP Model,the High Wage Equilibrium

Question 50

Multiple Choice
In the Keynesian DMP model,the high wage equilibrium
A) has lower market tightness than the low wage equilibrium.
B) has higher market tightness than the low wage equilibrium.
C) is usually not attainable.
D) represents an increase in bargaining power for firms.
E) has the same market tightness as the low wage equilibrium.

In the Keynesian DMP model,the high wage equilibrium


A) has lower market tightness than the low wage equilibrium.
B) has higher market tightness than the low wage equilibrium.
C) is usually not attainable.
D) represents an increase in bargaining power for firms.
E) has the same market tightness as the low wage equilibrium.

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