John Maynard Keynes Attributed the "Stickiness" of Real Wages in the Early

question 9

Multiple Choice

John Maynard Keynes attributed the "stickiness" of real wages in the early years of the depression to ______.

• A)the fall in the money supply.
• B)the tendency of people to cut wages slowly while looking for a job.
• C)the tendency of employers to ruthlessly replace long-time employees with the
• Unemployed.
• D)resistance by workers,especially unionized workers,to wage cuts.

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Definitions:

C++

A high-level programming language with object-oriented, imperative, and generic programming features.

C

It's a broadly usable procedural programming language that facilitates structured coding practices, manages variable scopes lexically, and permits recursive operations.

Standard Output

The default data stream for output generated by a program, typically the computer screen.

C++

A general-purpose programming language created as an extension of the C programming language, supporting object-oriented, procedural, and generic programming.