Multiple Choice
If wages are sticky, a decrease in labor
A) supply decreases the wage rate.
B) demand increases the wage rate.
C) demand decreases the wage rate.
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q175: According to the _ explanation of unemployment,
Q176: Refer to the information provided in Figure
Q177: Suppose the equilibrium wage rate in the
Q178: Changes in the price level don't affect
Q179: As the unemployment rate decreases in response
Q181: If the relationship between the change in
Q182: If inflationary expectations decrease, the Phillips curve
Q183: There is _ relationship between the price
Q184: Refer to the information provided in Figure
Q185: If a country has a population of