This topic contains a solution. Click here to go to the answer

Author Question: In the above figure, a movement from point A to point B represents A) a decrease in the quantity ... (Read 157 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
In the above figure, a movement from point A to point B represents
 
  A) a decrease in the quantity of money demanded.
  B) a decrease in the demand for money that might be the result of a fall in the price level.
  C) an increase in the quantity of money demanded.
  D) an increase in the demand for money that might be the result of an increase in real GDP.
  E) an increase in the demand for money that might be the result of a fall in the price level.

Question 2

A minimum wage set above the equilibrium wage rate
 
  A) decreases job rationing.
  B) decreases the natural unemployment rate because fewer workers will become unemployed.
  C) increases the natural unemployment rate.
  D) increases the number of workers employed.
  E) increases the demand for labor.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

C

Answer to Question 2

C




DelorasTo

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
:D TYSM


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library