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Author Question: Sticky wages reduce unemployment. (Read 26 times)

Mollykgkg

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on: Apr 19, 2019

Question 1

If the minimum wage is set above the market clearing wage, wages will be "sticky" in the downward direction.


◦ true
◦ false

Question 2

Sticky wages reduce unemployment.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Mollykgkg on Apr 19, 2019

kjo;oj

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Reply #1 on: Apr 19, 2019
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Mollykgkg

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

lindahyatt42

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Reply 3 on: Yesterday
Wow, this really help

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