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Author Question: Suppose that Australia has fully employed all of its resources. This situation means that Australia ... (Read 252 times)

pragya sharda

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on: Jun 30, 2018
Suppose that Australia has fully employed all of its resources. This situation means that Australia
 
  A) is experiencing zero unemployment.
  B) has a positive Lucas Wedge.
  C) has a negative Okun Ga

Question 2

According to this Application, if you earn a salary of 80,000 in the first year and all prices decrease by half in the next 5 years, what will your nominal annual salary be in 5 years?
 
  A) 8,000 B) 10,000 C) 20,000 D) 40,000


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quynhmickitran

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


pragya sharda

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

samiel-sayed

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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