Sticky Nominal Wages Can Lead To:
A) Involuntary Unemployment
B) $L ^ { S } < L ^ { D }$

question 65

Multiple Choice

Sticky nominal wages can lead to:

• A) involuntary unemployment
• B) \(L ^ { S } < L ^ { D }\)
• C) a labor surplus
• D) falling real wages
• E) higher levels of TFP

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