Suppose workers and employers agree to a three-year wage contract under the expectation of 3% inflation, but inflation turns out to be 1%.In this case, ______ lost purchasing power, and ______ gained purchasing power.
A) employers; workers
B) no one; employers
C) workers; employers
D) employers; no one
Correct Answer:
Verified
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A)frequently experienced in the United States.
B)very
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