menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics The Basics
  4. Exam
    Exam 10: Business Cycles, unemployment and Inflation
  5. Question
    What Does the Phrase "Wages Are Sticky" Mean
Solved

What Does the Phrase "Wages Are Sticky" Mean

Question 39

Question 39

Multiple Choice

What does the phrase "wages are sticky" mean?


A) Wages never change.
B) It is difficult to change wages in the short term.
C) Wages are always changing.
D) Wages stick to unemployment rates.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q34: The underemployed are those people who are<br>A)

Q35: If the NAIRU was 4.8% in 2002

Q36: Potential GDP is the maximum amount of

Q37: An example of a generally recession-resistant business

Q38: The pattern of recession,recovery,and expansion is known

Q40: Which person provides an example of structural

Q41: Which of the following is an example

Q42: The unemployment rate includes<br>A) people not working

Q43: The natural rate of unemployment is<br>A) 5%.<br>B)

Q44: When unemployment is above the natural rate,<br>A)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines