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Author Question: What is downward wage rigidity? What will be an ideal response?[br][br][b][color=#FBB117]Question ... (Read 31 times)

magmichele12

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What is downward wage rigidity?
 
  What will be an ideal response?

Question 2

How can the Federal Reserve actually increase the money supply?
 
  A) by delaying transfer of money among banks
  B) by purchasing more government bonds in the open market
  C) by doubling the reserve requirement
  D) by raising the discount rate



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AmberC1996

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Answer to Question 1

Downward wage rigidity refers to the phenomena where workers resist a cut in their wages. When downward wage rigidity exists, last year's wage acts as a wage floor for current wages.

Answer to Question 2

B




magmichele12

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Reply 2 on: Jun 30, 2018
:D TYSM


nanny

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Reply 3 on: Yesterday
Excellent

 

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