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★ѕραndavir ★ѕραndavir
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6 years ago
Nonunion wages should be modeled as
A) sticky, because they imitate union wages rather closely.
B) sticky, because their contracts cannot contain COLA clauses.
C) perfectly flexible, because wage contracts are illegal outside of unions.
D) perfectly flexible, because workers willing to take the risks of full wage flexibility are precisely those workers who have rejected unionization.
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Macroeconomics

Macroeconomics


Edition: 12th
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supersuinegsupersuineg
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6 years ago
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