This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the unemployment rate is on the horizontal axis and the real wage is on the vertical axis, a ... (Read 66 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
When the unemployment rate is on the horizontal axis and the real wage is on the vertical axis, a reduction in productivity will cause which of the following to occur?
 
  A) The wage-setting and price-setting curves will both shift downward.
  B) The wage-setting and price-setting curves will both shift upward.
  C) The price-setting curve to shift downward, and no shift in the wage-setting curve.
  D) The wage-setting curve to shift upward, and the price-setting curve to shift downward.
  E) The wage-setting curve to shift downward, and the price-setting curve to shift upward.

Question 2

Suppose a one-year discount bond offers to pay 1000 in one year and currently sells for 950. Given this information, we know that the interest rate on the bond is
 
  A) 5.3.
  B) 9.5.
  C) 10.
  D) 90.
  E) 110.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


eruditmonkey@yahoo.com

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Vertical and Horizontal Changes in Pressure Vertical and Horizontal Changes in Pressure
Horizontal stroking across the lower back. Horizontal stroking across the lower back.
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
The horizontal phase shift of the resultant graph is The horizontal phase shift of the resultant graph is
Rate order question Rate order question
Video: How does an animal choose what food to eat?

For a complete list of videos, visit our video library