Question:

7 In the long run nominal wages are A sticky downward but

Last updated: 12/6/2023

7 In the long run nominal wages are A sticky downward but

7 In the long run nominal wages are A sticky downward but flexible in an upward direction B sticky upward but flexible in a downward direction sticky in both an upward and downward direction flexible because contracts and informal agreements are renegotiated in the log C D run