To Avoid the Negative Effects of Unexpected Inflation,workers Have an Incentive

question 124

Multiple Choice

To avoid the negative effects of unexpected inflation,workers have an incentive to

• A) lock in their current wages for years.
• B) stay unemployed during years of inflation.
• C) never negotiate wage contracts.
• D) change jobs regularly.
• E) expect a certain level of inflation and to negotiate their contracts accordingly.

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a legal obligation requiring individuals to adhere to a standard of reasonable care while performing acts that could foreseeably harm others.

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