Business
Business, 23.12.2019 20:31, bullockarwen

In the long run, nominal wages are: a) sticky downward but flexible in an upward direction. b) sticky upward but flexible in a downward direction. c) sticky in both an upward and downward direction. d) flexible because contracts and informal agreements are renegotiated in the long run.

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In the long run, nominal wages are: a) sticky downward but flexible in an upward direction. b) stic...

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