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Wage freeze is a policy measure aimed at

Wage freeze is a policy measure aimed at
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Encouraging investors
  • B Curbing inflation
  • C Regulating standard of living
  • D Curbing deflation
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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