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Author Question: If real salaries decrease but nominal salaries do not, this means that A) prices have risen. B) ... (Read 80 times)

leilurhhh

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on: Jun 30, 2018
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
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Christopher

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

A

Answer to Question 2

A


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leilurhhh

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Reply #2 on: Jun 30, 2018
Thank you


Christopher

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Reply #3 on: Jun 30, 2018
No problemo


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