Author Question: An efficiency wage is designed to work effort and to labor turnover. A) ... (Read 51 times)

KWilfred · **on:** Jun 29, 2018

An efficiency wage is designed to ________ work effort and to ________ labor turnover.

A) increase; raise
B) decrease; raise
C) not change; decrease
D) increase; lower
E) decrease; lower

Question 2

During an economic expansion when real GDP increases, the

A) demand for money decreases.
B) nominal interest rate is constant.
C) demand for money increases.
D) supply of money decreases.
E) real interest rate is constant.