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Author Question: Compensation paid to employees represented ________ of GDP for the United States in 2014. A) ... (Read 64 times)

yoooooman

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on: Jun 29, 2018
Compensation paid to employees represented ________ of GDP for the United States in 2014.
 
  A) about 5 percent
  B) approximately 15 percent
  C) 35 percent
  D) more than 50 percent

Question 2

Suppose the price level, the money wage, and the price of all other resources rise by 10 percent. This set of changes leads to
 
  A) an upward movement along the LAS curve.
  B) a downward movement along the LAS curve.
  C) an upward movement along the SAS curve.
  D) a leftward shift of the LAS curve.


nyrave

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

D

Answer to Question 2

A


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