Author Question: Francis Crawford recently received a 20 percent wage increase and desires to work less. We can ... (Read 126 times)

Wadzanai

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Francis Crawford recently received a 20 percent wage increase and desires to work less. We can conclude that at his current wage his supply of labor curve
 
  A) has a negative slope. B) is vertical.
  C) has a positive slope. D) is U-shaped.

Question 2

The key idea of the aggregate expenditure model is that in any particular year, the level of ________ is determined mainly by the level of aggregate expenditure.
 
  A) GDP B) frictional unemployment
  C) export spending D) government spending


olivia_paige29

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Answer to Question 1

A

Answer to Question 2

A



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