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Explain what effect a reduction in productivity has on wage setting behavior,price setting behavior,the equilibrium real wage,the natural rate of unemployment,and the natural level of output.
Filtering
The tendency for a message to be watered down or stopped during transmission.
Organizations
Groups of people structured in a specific way to achieve a series of shared goals or objectives.
Upward Communication
The process of information flow from the lower levels of a hierarchy to the higher levels, often including feedback, reports, or suggestions.
Downward Communication
The flow of information from higher levels of organizational hierarchy to lower levels, often involving directives and updates.
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