Consider the AD/AS Macro Model

Multiple Choice

Consider the AD/AS macro model.The wage-adjustment process is asymmetrical because

A) factor prices fluctuate more frequently than goods prices.
B) goods prices rise more quickly than factor prices.
C) employers delay wage increases in a boom but lay off workers quickly during a slump.
D) taxes rise quickly in a boom but do not fall during a slump.
E) wages rise quickly in a boom but fall slowly during a slump.