Business, 01.09.2019 19:30, josie311251

If the price level rises above what was expected and nominal wages are fixed, then
a. production become more profitable so firms will hire more workers.
b. production becomes less profitable so firms will hire fewer workers.
c. production becomes less profitable so firms will hire more workers.
d. production becomes more profitable so firms will hire fewer workers.

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If the price level rises above what was expected and nominal wages are fixed, then
a. producti...