单选题
Those economists who believe that long- run inflationary bias will continue do so
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the basis of the following factors: (1) Prices and wages tend to
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during periods of boom in a competitive economy. This tendency is reinforced by wage contracts that provide escalator clauses to keep wages in
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with prices trod by wage increases that are sometimes greater than
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in productivity. (2) During recessions, prices tend to remain stable
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decrease.