One Consequence of Wage Rigidity Is

question 106

Multiple Choice

One consequence of wage rigidity is:

• A) lower rates of unemployment
• B) less labor market volatility
• C) labor market stability
• D) a lower unemployment rate
• E) None of these answers are correct.

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Definitions:

Payout Percentage

The proportion of earnings distributed to shareholders in the form of dividends, typically expressed as a percentage of net income.

Note Payable

A formal written agreement to pay a specified amount of money, often including interest, by a certain date.

Payout Percentage

The proportion of earnings paid out to shareholders as dividends, usually expressed as a percentage of the company's total net income.