Answer:
wages and prices that do not respond to decreases in demand.
Explanation:
As we know that the price is always adjusted to equate the quantity supplied with the quantity demanded
but in the case of the macroeconomy the situation of the excess supply is already existed for a longer period this is caused in the case of the wages and prices when they are not able to respond when there is a reduction in the demand
Therefore the same is to be considered
