The often made statement that inflation? "greases the wheels of the labor? market" means simply that
A. high and unanticipated inflation allows for real wage adjustments when nominal wages are? sticky, thereby permitting labor market adjustments that improve the? market's efficiency.
B. low inflation allows for real wage adjustments when nominal wages are? sticky, thereby permitting labor market adjustments that improve the? market's efficiency.
C. the efficiency with which the labor market operates is greater the higher is the rate of inflation.
D. low inflation allows for nominal wage adjustments when real wages are? sticky, thereby permitting labor market adjustments that improve the? market's efficiency.