menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 6: A: an Introduction to Macroeconomics
  5. Question
    Why Do Economists Use the Term "Sticky" Prices Rather Than
Solved

Why Do Economists Use the Term "Sticky" Prices Rather Than

Question 12

Question 12

Essay

Why do economists use the term "sticky" prices rather than "stuck" prices?

Correct Answer:

verifed

Verified

Prices do eventually adjust, so they are...

View Answer

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

Related Questions

Q7: What is the Great Recession? Describe its

Q8: If households are typically the source of

Q9: What will happen to prices and output

Q10: In this list, identify those investments which

Q11: Suppose that we are in a condition

Q13: What roles do expectations play in macroeconomics?

Q14: What is GDP per capita?

Q15: In order to grow, what must a

Q16: What are inventories and what role do

Q17: In order to compare GDP across nations,

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