Functional divisions
a. Make it easier to tie pay to performance
b. Make it more difficult to tie pay to performance
c. Break all ties between pay and performance
d. None of the above
a
Economics
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The short-run Phillips curve intersects the long-run Phillips curve where
a. the actual rate of inflation equals the expected rate of inflation. b. the actual rate of unemployment equals the natural rate of unemployment. c. Both A and B are correct. d. None of the above is correct.
Economics
In the labor market, adjustments to changes in supply and demand
A) usually occur instantly. B) usually take time to occur. C) do not apply, since the labor market does not respond to supply and demand forces. D) do not apply, since wages in the labor market always go up.
Economics