Sticky Wages Section 12 looks at sticky wages and prices, two things which preve

Sticky Wages Section 12 looks at sticky wages and prices, two things which prevent the market, by itself, from maintaining equilibrium. For this discussion, your task is to: Explain one of the theories of sticky wages and how that theory impacts our economy. Does it cause confusion for consumers? Neo-Classical & Keynesian Balance Section 13 looks at the balance of Neoclassical and Keynesian perspectives and discusses why we may want to consider both perspectives when making policy, both short and long run. For this discussion: Using an example, demonstrate why it is important to consider both perspectives when making policy decisions. Is there a time when it is appropriate to not worry about the long run? Is there a time when it is appropriate to focus more on the long run? In response to two of your peers, explain how we might work with their demonstration to create effective policy to keep the economy going today and promoting long run growth.