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 138 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
Excellent

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

The three stages of labour. The three stages of labour.
How long does it take you to see the circles? How long does it take you to see the circles?
The Hippocampal Formation and Long-Term Potentiation The Hippocampal Formation and Long-Term Potentiation
Baby labour position Baby labour position
An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ... An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ...
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library