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Author Question: Why might firms pay wages that are above the equilibrium wage in a market? A) to reduce the ... (Read 78 times)

pragya sharda

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on: Jun 29, 2018
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.


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strudel15

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


pragya sharda

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

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Reply 3 on: Yesterday
Excellent

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