How can it explain the possible downward adjustment in efficiency wages especially in the recession?

Review “Code of Fair Testing Practices in Education,” located on the American Psychological Association
January 14, 2021
Part 3: Change and Evaluation Assignment
January 14, 2021

How can it explain the possible downward adjustment in efficiency wages especially in the recession?

What’s the efficiency wage theory

Question
What’s the efficiency wage theory? How can it explain the possible downward adjustment in efficiency wages especially in the recession?

What’s the efficiency wage theory

 
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