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AlexFokin [52]
2 years ago
8

The "sticky wage" theory states that …

Business
1 answer:
Umnica [9.8K]2 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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But I hope this helps!
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3 years ago
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Sasha, a production manager at ZestCorp Inc., must predict future labor demand using information about inventory levels from the
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Answer:

Trend Analysis

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3 years ago
A firm’s management analyzes financial statement’s so that: a. they can get feedback on their investing, financing, and working
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Answer:

d. a and b

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