In a frictionless labor market: A) there is always a shortage ...

[fbq8i]

In a frictionless labor market:
 
  A) there is always a shortage of workers.
  B) the wage adjusts instantly to clear the market.
  C) there is always a surplus of workers.
  D) the ongoing wage rate does not change for long periods of time.

Question 2

The Federal Reserve is ________ the U.S. Treasury.
 
  A) under the control of B) independent of
  C) a part of D) a creation of

[ong527]

Answer to Question 1

B

Answer to Question 2

B

[fbq8i]

Excellent

[Zebsrer]

Thanks for the timely response, appreciate it