Which of the Following Contributes to the Downward Inflexibility of Wages

question 63

Multiple Choice

Which of the following contributes to the downward inflexibility of wages, according to mainstream economists?

• A)efficiency wages
• B)a monetary rule
• C)price-level surprises
• D)coordination failures

---

Definitions:

Virtual Team

A group of individuals who work together from different geographical locations and rely on communication technology to collaborate.

Face-to-face Meeting

A personal interaction between two or more people, in the same physical location, for the purpose of communication.

Intranet Technologies

Internal, private networks used by organizations to share information, tools, and resources among their employees.

Data Sharing

The practice of making data available to others, either within an organization or publicly, to support analysis, decision making, and innovation.