An efficiency wage results in all of the following except _________. A. a decrease in the rate

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An efficiency wage results in all of the following except _________.

A. a decrease in the rate of labor turnover

B. an increase in the full-employment quantity of labor

C. greater work effort

D. an increase in the cost of monitoring work effort

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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