#993647
Suppose the labour market is away from equilibrium, with unemployment above the natural rate. The new Keynesian view of inflation and unemployment offers several reasons why the labour market can stay away from equilibrium for long periods. Which of the following is not one of these reasons?
Варианты ответа:
  • Efficiency wages may hold wages below the equilibrium level
  • Workers may resist wage cuts which reduce their wages below those paid to other workers in the same occupation
  • Prices may be sticky downwards in some markets because consumers prefer stable prices
  • Prices may be sticky downwards in some markets because consumers may judge quality by price
Курсы в категории: Математика и статистика