In the short run, wages are assumed to be:
A) constant.
B) sticky.
C) inflexible.
D) all of the above are true.

Name: In the short run, wages are assumed to be: A) constant. B) sticky. C) inflexible. D) all of the above are true.
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Question

Quizplus · Accepted Answer

In the short run, wages are often considered to be constant, sticky, and inflexible due to contracts, social norms, and adjustment costs, making all the options true.

In the Short Run, Wages Are Assumed to Be