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When an employer is forced to increase wages at the same rate of inflation: a.the worker is receiving a cost-of-living adjustment. b.the economy is experiencing
When an employer is forced to increase wages at the same rate of inflation:
a.the worker is receiving a cost-of-living adjustment.
b.the economy is experiencing stagflation.
c.the economy is experiencing hyperinflation.
d.the economy is experiencing disinflation.
e.the effects of expansionary monetary policy are amplified.
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