Nominal Wages?

A) are often determined by contracts that were signed at some previous point in time

B) Are slow to decrease in times of high unemployment since employers may be reluctant to alter wages as a response to economic conditions

C) Are fully flexible in both the short run and the long run

D) Both A and B are correct

E) The statments A, B, and C are correct

Arecent strip mall land development project included large amounts of paved surfaces. as a result of this project, groundwater levels in the developed area will most likely a. increase due to sealed artesian wells b. decrease as aquifers are not recharged c. decrease due to decreased surface runoff d. increase due to loss of unconfined aquifers e. increase due to a decrease in demand for fresh water