Does it make sense that wages would be sticky downwards but not upwards? Why or why not?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 04:43 AM

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Does it make sense that wages would be sticky downwards but not upwards? Why or why not?

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Yes it makes sense that wages can be sticky downwards but not upwards and this phenomenon is often r...View the full answer

Principles Of Economics

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