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3 years ago

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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What was the growth rate of per capita income in india on the eve of independence.

Orlov [11]

The growth rate in India on the eve of independence was 0.5% per annum.

<h3>What is independence?</h3>

Independence refers to the act of getting free from controlling of the dominating or ruling parties.

On the eve of independence, the economy was sluggish, and agriculture was the main activity that sparked growth. The colonial authorities made no serious attempt to assess India's national and per capita GDP.

Therefore, it can be concluded that 0.5% p.a. was the growth of the India at the time of independence.

Learn more about Independence here:

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2 years ago

Cycle Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recen

koban [17]

Answer: 1250 units

Explanation:

GIVEN the following ;

JULY :

Expected sales = 1,990 units

Ending of month target inventory =400 units

AUGUST:

Expected sales = 2,140 units

Ending of month target inventory =490 units

SEPTEMBER:

Expected sales = 2,070 units

Ending of month target inventory =460 units

Ending of month target inventory in July = August beginning inventory = 400units

Expected August unit sales = 2,140 units

AUGUST ending inventory = 490 units

Expected sales = beginning inventory + purchased inventory - ending inventory

2140 = 400 + purchased inventory - 490

2140 = 890 + purchased inventory

Purchased inventory = 2140 - 890

August purchased inventory should be = 1250 units

8 0

3 years ago

Suppose the government introduces tax incentives to increase private household saving. What would be the effect on net capital o

Reptile [31]

Answer:

Mama thu thu thu thu thu thu

Explanation:

6 0

2 years ago

Which of the following accounts will give you the LEAST access to your money?

AnnyKZ [126]

I would need to see the following accounts inorder to fully help.

3 0

3 years ago

Read 2 more answers

According to the demand-pull theory, inflation is caused by:

Aliun [14]

Answer:

Understanding Demand-Pull Inflation

Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.

Explanation:

hope it helps you

6 0

3 years ago