Author Question: If real salaries decrease but nominal salaries do not, this means that A) prices have risen. B) ... (Read 55 times)

leilurhhh

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If real salaries decrease but nominal salaries do not, this means that
 
  A) prices have risen. B) prices have fallen.
  C) prices have not changed. D) the purchasing power of money has increased.

Question 2

Refer to Table 11.1. If exports increase by 20 (X = 100), what is the new equilibrium level of output?
 
  A) 1,825 B) 2,425 C) 7,300 D) 9,700


Christopher

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Answer to Question 1

A

Answer to Question 2

A



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