When economists say wages are "sticky," they mean that they:
A) are slow to adjust to changes in the economy, and can cause unemployment.
B) stick to current market trends, and adjust to equilibrium when changes in the economy occur.
C) get stuck behind current market trends, and follow a typical two-week lag with changes in the economy.
D) lead market trends, and other variables will stick to the wage rate and follow it closely.
Correct Answer:
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A)
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A) employers
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