Sticky Wages Occur Because

question 76

Multiple Choice

Sticky wages occur because:

• A) employers must wait until the current contract ends to cut someone's pay.
• B) unions often negotiate wages for several years in advance.
• C) wages can only be changed at the end of contracts, as opposed to final good prices which can change anytime.
• D) All of these are true.

---

Definitions:

Music Stands

Devices designed to hold sheet music at a comfortable reading angle for musicians during practice or performance.

Violin

A stringed musical instrument that is played with a bow, known for its high pitch and prominence in classical and folk music.

Cello

A string musical instrument with four strings, played with a bow, and known for its deep, rich tones.

Bales of Hay

Compact bundles of hay, typically bound with twine or wire, and used primarily for feeding livestock.