Author Question: Based on our understanding of the wage setting equation, which of the following will not cause a ... (Read 67 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
Based on our understanding of the wage setting equation, which of the following will not cause a reduction in the nominal wage?
 
  A) an increase in unemployment
  B) a reduction in the expected price level
  C) a reduction in expected productivity
  D) all of the above
  E) none of the above

Question 2

Based on our understanding of the model presented in Chapter 3, a reduction in investment will cause
 
  A) an increase in the multiplier.
  B) a reduction in the multiplier.
  C) a reduction in the marginal propensity to save.
  D) a reduction in output.
  E) both B and D



Tabitha_2016

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

E

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

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.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

For a complete list of videos, visit our video library