According to many economists,if wages are _________________,the economy _____________ remove itself from a recessionary gap,and thus ____________ government intervention is needed.

Question

Quizplus · Accepted Answer

Flexible wages can help an economy adjust out of a recessionary gap by allowing wages to decrease, which can increase employment and stimulate demand. However, if wages are inflexible and do not adjust downward, the economy may not be able to remove itself from a recessionary gap without some form of government intervention. Thus, both A and B are correct.

According to Many Economists,if Wages Are _________________,The Economy _____________ Remove

According to Many Economists,if Wages Are _____,The Economy _ Remove