This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The argument that the nominal wage is fixed because of long-term labour contracts (Read 159 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: Jan 2, 2020
The argument that the nominal wage is fixed because of long-term labour contracts
◦ does not take into account why such a contract would be written.
◦ explains sticky price models.
◦ closely fits the real world..
◦ explains equilibrium business cycle models..
◦ means that productivity shocks are an important cause of business cycles..
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RRMR on Jan 2, 2020

ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


RRMR

  • Member
  • Posts: 557
Reply 2 on: Jan 2, 2020
Wow, this really help

6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that
Associative Long-Term Potentiation Associative Long-Term Potentiation
Long-Term Potentiation Long-Term Potentiation
Apply long effleurage stroke to entire arm-hand to shoulder. Brush off from shoulder to hand to ... Apply long effleurage stroke to entire arm-hand to shoulder. Brush off from shoulder to hand to ...
Bidirectional replication from several fixed origins (O) on a linear eukaryotic chromosome Bidirectional replication from several fixed origins (O) on a linear eukaryotic chromosome
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library