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According to Keynes, the "stickiness" of wage rates could best be explained by
Richard Nixon
The 37th President of the United States, serving from 1969 to 1974, whose presidency ended in resignation following the Watergate scandal, marking the only time a U.S. president has resigned from office.
Polarization
The process by which opinions, perceptions, or actions of a society or group divide into two extreme, opposite positions, often leading to conflict or stark division within the community.
1970s
A decade marked by significant political, social, and cultural change globally, recognized for movements advocating for civil rights, environmental issues, and a shift in music and fashion.
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