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Author Question: The United States is a country with a high saving rate. Indicate whether the statement is true or ... (Read 33 times)

Capo

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on: Jun 30, 2018
The United States is a country with a high saving rate.
 
  Indicate whether the statement is true or false

Question 2

Wages that are higher than the current market wage:
 
  A) reduce the cost of production of various goods. B) lower the aggregate price index.
  C) dissuade workers from shirking. D) lower the productivity of workers.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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jazzlynnnnn

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

FALSE

Answer to Question 2

C


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