What does the speaker suggest is necessary to understand the lack of inflation despite low unemployment?
Phelps dice que teoría estándar no explica la baja inflación

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Business, Social Studies, Life Skills
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Relying solely on standard economic theory
Ignoring human emotions and external factors
Exploring beyond traditional economic theories
Focusing only on unemployment data
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might workers be less inclined to demand wage increases according to the speaker?
They expect inflation to rise soon
They fear losing their jobs due to the financial crisis
They have received significant bonuses
They are satisfied with their current wages
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the speaker describe the current job market's impact on workers' wage demands?
It has made workers more aggressive in their demands
It has led to a decrease in job satisfaction
It has made workers more grateful and less demanding
It has caused workers to frequently change jobs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason the speaker gives for firms' hesitation to raise wages?
Rapid technological advancements
Increased competition from Europe
Excessive government regulations
High employee turnover rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker imply about the relationship between productivity growth and wage increases?
Productivity growth has no impact on wages
Slow productivity growth limits wage increases
Wage increases are independent of productivity
High productivity growth discourages wage increases
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