Wage freeze is a policy measure aimed at

Economics

JAMB 2014

A. encouraging investors
B. curbing inflation
C. regulating standard of living
D. curbing deflation

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Correct Answer: Option B

Explanation

Wage Freeze; A policy in which a company refuses to raise wages and salaries for a period of time. A wage freeze is usually instituted when a company is having a difficult time financially and wishes to avoid layoffs or other cutbacks.

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Wage freeze is a policy measure aimed at

Correct Answer: Option B

Explanation

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