Which of the Following Is Not a Reason Why the Wages

question 81

Multiple Choice

Which of the following is not a reason why the wages of workers and the prices of inputs rise more slowly than the prices of final goods and services?

• A)Contracts make prices and wages "sticky."
• B)Firms are often slow to adjust wages.
• C)Menu costs make some prices sticky.
• D)Unions are successful in pushing up wages.

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Definitions:

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Freudian Psychoanalysis

A psychological theory and therapy method developed by Sigmund Freud that emphasizes unconscious motivations and conflicts as determinants of human behavior.

Humanistic Philosophy

A philosophical approach that emphasizes the personal worth of the individual and the centrality of human values.

Contingency Management

A form of behavior therapy in which certain behaviors are reliably followed by well-defined consequences.