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Tidy Tidy
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Posts: 4852
8 years ago
Which of the following is not a reason why the wages of workers and the prices of inputs rise more slowly than the prices of final goods and services?
A) Contracts make prices and wages "sticky."
B) Firms are often slow to adjust wages.
C) Menu costs make some prices sticky.
D) Unions are successful in pushing up wages.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
No problemo Happy Dummy
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