The fact that some people can afford to live in beautiful homes while others are homeless, is most directly an example of an economy facing the ________ part of one of the two big economic questions.
A) for whom
B) when
C) how
D) why
Question 2
In the above figure, the economy is at point A and the money wage rate falls by 10 percent. If the price level is constant, firms will be willing to supply output equal to
A) less than 16.0 trillion.
B) 16.0 trillion.
C) more than 16.0 trillion.
D) Without more information, it is impossible to determine which of the above answers is correct.