Why might firms pay wages that are above the equilibrium wage in ...

[pragya sharda]

Why might firms pay wages that are above the equilibrium wage in a market?
 
  A) to reduce the unemployment rate B) to encourage workers to form labor unions
  C) to increase the productivity of their workers D) to reduce profit

Question 2

Refer to Figure 26-1. In the figure, the money demand curve would move from Money demand1 to Money demand2 if
 
  A) the interest rate increased. B) the price level decreased.
  C) real GDP increased. D) the Federal Reserve sold Treasury securities.

[strudel15]

Answer to Question 1

C

Answer to Question 2

C

[pragya sharda]

YES! Correct, THANKS for helping me on my review

[steff9894]

Thanks for the timely response, appreciate it