If real salaries decrease but nominal salaries do not, this means that A) prices have risen. B) ...

Author Question: If real salaries decrease but nominal salaries do not, this means that A) prices have risen. B) ... (Read 56 times)

leilurhhh

Hero Member
Posts: 560

on: Jun 30, 2018

If real salaries decrease but nominal salaries do not, this means that

A) prices have risen. B) prices have fallen.
C) prices have not changed. D) the purchasing power of money has increased.

Question 2

Refer to Table 11.1. If exports increase by 20 (X = 100), what is the new equilibrium level of output?

A) 1,825 B) 2,425 C) 7,300 D) 9,700

Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7^th Edition

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Christopher

Sr. Member
Posts: 316

Reply #1 on: Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

A

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leilurhhh

Hero Member
Posts: 560

Reply #2 on: Jun 30, 2018

Thank you

Christopher

Sr. Member
Posts: 316

Reply #3 on: Jun 30, 2018

No problemo

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Author Question: If real salaries decrease but nominal salaries do not, this means that A) prices have risen. B) ... (Read 56 times)

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