JAMB Economics 2014 Objective — Question 32
Question 32 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2014 Objective paper, with the correct answer and a full explanation.
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Wage freeze is a policy measure aimed at
- A. curbing inflationCorrect
- B. regulating standard of living
- C. curbing deflation
- D. encouraging investors
Explanation
Wage freeze is the situation in which the government makes a law that prohibits upward review of workers' wages and salary for some time, aimed at curbing inflation.
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