We don't typically see wages __________ in response to an economic downturn because ____________.
A) rise; they are "sticky," and are slow to respond to shifts in the economy
B) rise; they cannot rise above the equilibrium in any circumstance
C) fall; they are "sticky" and are slow to respond to shifts in the economy
D) fall; they cannot fall below where they were previously set due to inflation
Correct Answer:
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