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Author Question: An unspoken agreement between workers and firms that the firm will not cut wages is known as (Read 103 times)

tsand2

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on: Apr 19, 2019

Question 1

If wages are sticky, an increase in labor


◦ demand decreases the wage rate.
◦ supply increases the wage rate.
◦ demand increases the wage rate.
◦ demand leaves wage rates intact.

Question 2

An unspoken agreement between workers and firms that the firm will not cut wages is known as


◦ an implicit or social contract.
◦ an explicit contract.
◦ a relative-wage contract.
◦ employment-at-will.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by tsand2 on Apr 19, 2019

frre432

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tsand2

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Reply #2 on: Apr 19, 2019
Thank you!


frre432

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Reply #3 on: Apr 19, 2019
Always glad to help...


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