Why do you think wages tend to be rigid in the downward direction?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:47 AM

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Why do you think wages tend to be rigid in the downward direction?

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The text list many reasons for downward wage rigidity Among them is the possibil...View the full answer

Macroeconomics Principles And Policy

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