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Author Question: An increase in the population and hence the supply of labor causes a A) shortage of labor at the ... (Read 123 times)

Alainaaa8

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on: Jun 29, 2018
An increase in the population and hence the supply of labor causes a
 
  A) shortage of labor at the original real wage rate and the real wage rate will fall.
  B) surplus of labor at the original real wage rate and the real wage rate will rise.
  C) surplus of labor at the original real wage rate and the real wage rate will fall.
  D) shortage of labor at the original real wage rate and the real wage rate will rise.

Question 2

Commercial banks do NOT
 
  A) buy U.S. government Treasury bills.
  B) accept deposits from their customers.
  C) make loans to creditworthy individuals and businesses.
  D) determine what assets are money.


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mjbamaung

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Alainaaa8

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Reply #2 on: Jun 29, 2018
Thank you :)


mjbamaung

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Reply #3 on: Jun 29, 2018
Happy to help you


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