If Nominal Wages Cannot Be Cut, Then the Only Way

question 69

Multiple Choice

If nominal wages cannot be cut, then the only way to cut real wages is by:

• A)inflation.
• B)unions.
• C)legislation.
• D)productivity increases.

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Definitions:

Conscientious Employees

Employees who are diligent, responsible, and reliable in their work, often exceeding job expectations.

Constructive Resistance

Opposition or push-back that is intended to bring about positive change or improvement.

Dysfunctional Resistance

Counterproductive opposition to change or new ideas, which can harm an organization or group's progress.

Personal Power

Personal power is the influence or authority an individual has over others, derived from personal attributes or skills, rather than from formal positions.