Skip to main content
Macroeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Back
Classical Model and Keynesian Model
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Classical Model and Keynesian Model
Download worksheet
Practice
Summary
Previous
7 of 10
Next
24. Macroeconomic Schools of Thought / Classical Model and Keynesian Model / Problem 7
Problem 7
What does the term 'sticky wages' refer to in the Keynesian model?
A
Wages that decrease during expansions.
B
Wages that remain fixed despite economic changes.
C
Wages that increase during recessions.
D
Wages that adjust quickly to economic changes.
AI tutor
0
Show Answer