If workers and employers agree to a three-year wage contract expecting 5% inflation and inflation turns out to be 3%,then

If workers and employers agree to a three-year wage contract expecting 5% inflation and inflation turns out to be 3%,then
A) workers gain;employers gain.
B) workers gain;employers lose.
C) workers lose;employers gain.
D) workers lose;employers lose.
E) neither workers nor employers are affected by the unexpectedly low inflation.


Leave a Reply

Your email address will not be published.