An argument in support of hysteresis is

A) companies may be reluctant to hire workers until AD increases.
B) prices are sticky in the short run.
C) the skills of unemployed workers may deteriorate making it more difficult to find a job.
D) overlapping wage contracts.

C

Economics

You might also like to view...

How do we calculate average fixed cost and why does average fixed cost fall as output increases?

What will be an ideal response?

Economics

If Toyota sells a $1000 bond in the United States, the bond is a

A) foreign bond. B) Eurobond. C) Tokyo bond. D) currency bond.

Economics