Author Question: If the price level increases, but workers' money wage rates remain constant,which of the following ... (Read 126 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
If the price level increases, but workers' money wage rates remain constant,which of the following is TRUE?
 
  I. The quantity of labor demanded will increase.
  II. The real wage rate will decrease.
  III. The demand for labor curve shifts rightward.
  A) I only
  B) I and II
  C) II and III
  D) I, II and III

Question 2

Which of the following is NOT included in the M2 measure of money?
 
  A) checking deposits
  B) traveler's checks
  C) time deposits
  D) shares of the stocks of large companies



onowka

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library