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Author Question: A decline in money supply will lead to a(n) ________ if nominal wages are rigid. A) increase in ... (Read 169 times)

mia

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A decline in money supply will lead to a(n) ________ if nominal wages are rigid.
 
  A) increase in labor demand B) fall in real wages
  C) fall in labor demand D) increase in real output

Question 2

The decisions of firms and households are
 
  A) coordinated by but not totally controlled by the government.
  B) made independently of one another.
  C) controlled by but not totally coordinated by the government.
  D) coordinated by markets.
  E) unexplainable by the circular flow model.


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hramirez205

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mia

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


dantucker

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Reply 3 on: Yesterday
Excellent

 

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