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Other Fields Homework Help Economics Topic started by: mooncalled on Dec 27, 2022



Title: Downward wage rigidity ________.
Post by: mooncalled on Dec 27, 2022
Downward wage rigidity ________.

▸ causes the wage to be above the market-clearing wage

▸ leads to frictionless labor markets

▸ is common only in industries with strong labor unions

▸ helps lower unemployment


Title: Downward wage rigidity ________.
Post by: johnmilton on Dec 27, 2022
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