Wages might fail to adjust, and prices might stick.

工资可能无法调整，价格呈现粘性。

youdao

Unemployment seems likely to rise steeply before wages start to adjust.

而在开始调整工资前，失业率似乎就可能飙升。

youdao

In theory businesses and workers should quickly adjust to a deflationary shock, by slashing their prices and wages.

理论上生意人和工人会很快的调整应对通货紧缩，减少价格和缩减工作。

youdao

While that might be a better barometer of how we adjust to higher prices and lower wages, it isn't so generous to retirees.

WSJ: Refiguring Inflation With 'Chained CPI' Will Hit Retirees' Income

This allows wages and prices to adjust downward, giving depressed regions a competitive advantage that can attract new companies and thus smooth out regional disparities.

ECONOMIST: Can this union be saved?

Instead, domestic wages and prices must adjust.

ECONOMIST: The ABC of a currency board