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Author Question: A fall in the long-run real interest rates leads to a ________. A) leftward shift of the labor ... (Read 105 times)

gbarreiro

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on: Jun 30, 2018
A fall in the long-run real interest rates leads to a ________.
 
  A) leftward shift of the labor supply curve B) leftward shift of the labor demand curve
  C) rightward shift of the labor supply curve D) rightward shift of the labor demand curve

Question 2

Which of the following statements is true?
 
  A) An increase in the nominal wage rate leads to a decrease in the real wage rate if the price level is stable.
  B) In an economy which has a positive inflation rate, the real wage rate is always greater than the nominal wage rate.
  C) An increase in the real interest rate always encourages higher savings.
  D) An increase in the real interest rate might discourage savings.


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ms_sulzle

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

D

Answer to Question 2

D


gbarreiro

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

raenoj

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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