Question #47084

Economics

The relative-wage explanation for the existence of downwardly sticky wages emphasizes ?

Options:

Answer: The relative-wage explanation for the existence of downwardly sticky wages emphasizes the contention that workers in one industry may be unwilling to accept a wage cut unless they know that workers in other industries are receiving similar cuts.
Previous Next

Economics Related Questions

Category

Browse More Economics Questions

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Share This Question

AdBlock Detected

We've detected that you're using an ad blocker. Our website is made possible by displaying online advertisements to our visitors.

Please support us by disabling your ad blocker for this website.

How to disable your ad blocker:

  1. Click on the ad blocker icon in your browser's toolbar
  2. Select "Pause on this site" or "Don't run on pages on this domain"
  3. Refresh the page