Wages That Do Not Respond Quickly to Changes in the Inflation

question 127

Multiple Choice

Wages that do not respond quickly to changes in the inflation rate are:

• A) real wages.
• B) flexible wages.
• C) decreasing wages.
• D) sticky wages.

---

Definitions:

Follow-through

Completion of an action or process, carrying out what one has promised or begun.

Alzheimer Disease

A progressive neurological disorder that causes memory loss, cognitive decline, and ultimately, loss of ability to perform everyday activities.

Extravagant Spending

Utilizing money in an excessive or lavish way without considering future needs or financial limitations.

Feeding Herself

The ability of an individual, typically a child, to eat or drink independently without assistance.