What Do Economists Mean When They Refer to "Sticky Wages

question 45

Essay

What do economists mean when they refer to "sticky wages?"

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Definitions:

DNA

Deoxyribonucleic acid, the molecule that contains the genetic instructions for the development, functioning, growth, and reproduction of all known living organisms and many viruses.

Chemical Hazard

A type of hazard posed by chemicals which can cause harm or damage to humans, animals, or the environment.

Mutagen

A chemical or physical agent that interacts with DNA and causes a mutation.

LC50

The lethal concentration of a substance that causes death in 50% of a population of test organisms within a specified period, a common measure in toxicity tests.