This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose workers' and firms' expectations of the price level and productivity are accurate. In this ... (Read 486 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Suppose workers' and firms' expectations of the price level and productivity are accurate. In this case, a reduction in productivity will cause which of the following?
 
  A) a decrease in both the real wage and the natural rate of unemployment
  B) an increase in both the real wage and the natural rate of unemployment
  C) a decrease in the real wage and no change in the natural rate of unemployment
  D) an increase in the real wage and a decrease in the natural rate of unemployment
  E) none of the above

Question 2

Banks are different from other financial intermediaries because
 
  A) banks receive funds and make loans.
  B) some of a bank's deposits are money.
  C) banks can conduct open market operations on their own.
  D) banks do not need to hold reserves against their deposits.
  E) banks are open longer hours.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jun 30, 2018
Correct answers!


nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Ecosystem Productivity Ecosystem Productivity
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The gap between the projected level of greenhouse gas emissions The gap between the projected level of greenhouse gas emissions
Decomposition of Productivity Gap Between India and the United States Decomposition of Productivity Gap Between India and the United States
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
Video: Muscle cell structures - actin, myosin and titin filaments

For a complete list of videos, visit our video library