

MCQOPTIONS
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1. |
If workers and firms agree on an increase in wages based on their expectations of inflation and inflation turns out to be more than they expected ? |
A. | none of these answers |
B. | Workers will gain at the expense of firms |
C. | neither workers nor firms will gain because the increase in wages in fixed in the labor agreement |
D. | firms will gain at the expense of workers. |
Answer» E. | |