Author Question: The aggregate demand curve for labor is the a. vertical summation of the individual firms' demand ... (Read 89 times)

Hungry! · **on:** Jun 30, 2018

The aggregate demand curve for labor is the

a. vertical summation of the individual firms' demand curves.
b. horizontal summation of the individual firms' demand curves.
c. horizontal summation of all the individual supply curves.
d. vertical summation of the individual firms' supply curves.

Question 2

If the current interest rate increases,

a. the money demand curve shifts downward and the money supply curve remains unchanged.
b. the money demand curve shifts upward and the money supply curve remains unchanged.
c. there is a movement along the money demand curve and the money supply curve increases.
d. there is a movement along the money demand curve and the money supply curve remains unchanged.