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Author Question: An important feature of the DMP model is that A) would-be workers care not just about the market ... (Read 15 times)

swpotter12

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on: Jun 30, 2018
An important feature of the DMP model is that
 
  A) would-be workers care not just about the market wage, but about the chances of finding work.
  B) firms can fire workers.
  C) workers can choose to shirk on the job.
  D) firms maximize revenue.

Question 2

Under a fixed exchange rate system, if the government decides to increase the fixed exchange rate, net exports will ________ and the IS curve will shift to the ________.
 
  A) increase; left
  B) increase; right
  C) decrease; left
  D) decrease; right


fauacakatahaias

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

A

Answer to Question 2

C


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