All of the following are reasons why the wages of workers and the prices of inputs rise more slowly than the prices of final goods and services except
A) contracts make prices and wages sticky. B) unions are successful in pushing up wages.
C) menu costs make some prices sticky. D) firms are often slow to adjust wages.
B
Economics
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A) Yes, because environmental standards raise costs to businesses. B) No, because consumers will want to buy from firms that pollute less. C) No, because environmental standards have little effect in high-income countries. D) Yes, because environmental standards will cause the imposition of WTO sanctions.
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How could the rumor of a bank failure actually turn into a bank failing? Is the bank really without assets?
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