Author Question: Which markets are depicted in the basic circular flow model? A) the factor market and the bond ... (Read 46 times)

HudsonKB16 · **on:** Jun 30, 2018

Which markets are depicted in the basic circular flow model?

A) the factor market and the bond market
B) the stock market and the bond market
C) the money market and the foreign exchange market
D) the goods market and the stock market
E) the goods market and the factor market

Question 2

Everything else unchanged, following an adverse shift in the labor demand curve, ________.

A) the increase in employment will be greater if there is downward wage rigidity
B) the fall in employment will be greater if there is no wage rigidity
C) the increase in employment will be greater if there is no wage rigidity
D) the fall in employment will be greater if there is downward wage rigidity