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The downward rigidity of wages as an explanation for the existence of unemployment is known as:
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The downward rigidity of wages as an explanation for the existence of unemployment is known as:
The downward rigidity of wages as an explanation for the existence of unemployment is known as:
A) sticky wages.
B) locked wages.
C) crashing wages.
D) minimum wages.
Textbook
Principles of Macroeconomics
Edition:
11
th
Authors:
Case, Fair, Oster
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