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Author Question: Which of the following is most likely to restore an economy to full employment, if it is operating ... (Read 59 times)

HCHenry

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on: Jun 30, 2018
Which of the following is most likely to restore an economy to full employment, if it is operating below full employment due to a decrease in net exports?
 
  A) Devaluation of the domestic currency
  B) A decrease in the demand for goods and services in the economy
  C) A decrease in investment in the economy
  D) An increase in the interest rate

Question 2

The real wage rate definitely falls if the money wage rate ________ and the price level ________.
 
  A) rises; rises
  B) rises; falls
  C) remains constant; falls
  D) remains constant; rises
  E) falls; falls


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annierak

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


HCHenry

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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