which part of this histogram illustrates most clearly the phenomenon of "wage stickness"? a) the fact that the peak of the histograms is to the right of 0b) the fact that there are a significant number of people who experience large wage reductions and large wage increases, as indicated by the talk vertical bars at the left and the right sides of the histogram c) the fact that the black bars are generally to the left of the grey barsd) the fact that a very large share of people in both histograms experience no wage change, as indicated by the high vertical bars at 0

Figure 1: Hourly wage change distribution, 2005-06 vs. 2009-10 0.25 mphe Distributions of four-quarter log hourly wage changes for 2005:2-2006:2 and 2009 3-2010:2 The I histogram contain all oleer vations smaller than -0.255 and observations maceoding 0.256, respectively