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.
Correct Answer:
Verified
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A)
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