Simultaneous Wage Agreements Could

question 66

Multiple Choice

Simultaneous wage agreements could

• A) be possible in the United States but only if the government were to intervene directly in the labor market.
• B) be the natural result of the workings of a competitive labor market if only the unions let it happen.
• C) be observed in the United States if the United States only mimics the economic systems of most of the developed world.
• D) certainly achieve macroeconomic advantage without microeconomic cost if it were arranged.
• E) none of the above.

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