If Prices Are Sticky

question 23

Multiple Choice

If prices are sticky:

• A)the market quickly sticks at equilibrium.
• B)the market clears quickly.
• C)the market only slowly moves toward equilibrium.
• D)all of the above.

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Definitions:

Kitagawa Utamaro

A prominent Japanese artist known for his ukiyo-e genre woodblock prints, especially those depicting female beauties, landscapes, and flora.

Suzuki Harunobu

An 18th-century Japanese woodblock printmaker known for his contributions to the development of full-color prints or "nishiki-e."

Takahashi Yuichi

A notable Japanese painter of the 19th century, recognized for his pioneering contributions to Western-style painting in Japan.

Zen Patriarch

A title given to spiritual leaders and founders within the Zen tradition of Buddhism.