Author Question: If the price level increases, but workers' money wage rates remain constant,which of the following ... (Read 168 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
If the price level increases, but workers' money wage rates remain constant,which of the following is TRUE?
 
  I. The quantity of labor demanded will increase.
  II. The real wage rate will decrease.
  III. The demand for labor curve shifts rightward.
  A) I only
  B) I and II
  C) II and III
  D) I, II and III

Question 2

Which of the following is NOT included in the M2 measure of money?
 
  A) checking deposits
  B) traveler's checks
  C) time deposits
  D) shares of the stocks of large companies



onowka

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library