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AlexFokin [52]
3 years ago
8

The "sticky wage" theory states that …

Business
1 answer:
Umnica [9.8K]3 years ago
4 0

Answer:

c. wages may stay at above-equilibrium levels for an extended period of time, thus keeping unemployment high.

Explanation:

Sticky wage theory -

According to this theory , the payment of the employees have a slow response for the change in the performance of the company or the economy .

From this theory , as the unemployment increases ,  the wages of the employed candidates tends to remain same or increases very slowly due to to decrease in the demand of the labor .

In this case , the wages are sticky - down , as they move up easily but get down with difficulty .

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The final task in designing a management information system (mis) is _____.
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Zielflug [23.3K]

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expectations theory

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8 0
3 years ago
In​ ______ cycle​ theory, fluctuations in both investment and consumption​ expenditure, driven by fluctuations in the growth rat
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