If Actual Inflation Is Less Than Expected Inflation,actual Real Wages

question 185

Multiple Choice

If actual inflation is less than expected inflation,actual real wages will be ________ expected real wages and unemployment will ________.

• A)greater than; rise
• B)greater than; fall
• C)less than; rise
• D)less than; fall

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Definitions:

Business Strategy

A plan of action designed by an organization to achieve a specific goal or to secure a competitive position in the market.

Trade Association

An organization founded and funded by businesses that operate in a specific industry, aimed at promoting their collective interests.

Corporate Social Responsibility

Initiatives taken by corporations to assess and take responsibility for the company's effects on environmental and social wellbeing.

Organization's Reputation

The collective perceptions and opinions held by the public, customers, and stakeholders about an organization's qualities, actions, and standards.