Featherbedding allows unions to increase wages by: a. limiting ...

[lb_gilbert]

Featherbedding allows unions to increase wages by:
 a. limiting the supply of labor.
  b. increasing firms' demand for labor.
  c. forcing firms to accept higher-than-equilibrium wages.
  d. reducing labor share of payroll taxes.

Question 2

When the government closes an expansionary gap with a change in government spending, the _____ in government spending leads to _____.
 a. decrease; a decrease in both real GDP and the price level
 b. decrease; a decrease in real GDP and an increase in the price level
  c. decrease; an increase in both real GDP and the price level
 d. decrease; an increase in real GDP and a decrease in the price level
  e. increase; a decrease in both real GDP and the price level

[macybarnes]

Answer to Question 1

b

Answer to Question 2

a

[lb_gilbert]

TYSM

[Bigfoot1984]

Excellent