Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
NYC NYC
wrote...
Go to Answer
Posts: 4146
Rep: 0 0
8 years ago
Suppose the wage rate in the labor market is $12 and more people exited the labor force, which of the following statements is correct?
A) If wages are sticky, the unemployment rate stays the same.
B) If wages are sticky, the unemployment rate decreases.
C) If wages are flexible, they will decrease.
D) If wages are flexible, the unemployment rate increases.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
Read 156 times
2 Replies
Replies
Answer verified by a subject expert
JesslynJesslyn
wrote...
#1
Top Poster
Posts: 2058
Rep: 45 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

NYC Author
wrote...
#2
8 years ago
Good answer, thanks.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1231 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 253
  
 359
  
 257
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: How often do you eat-out per week?