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Author Question: Government spending shrank the most in _____ relative to GDP between 1997 and 2016. a. Canada b. ... (Read 66 times)

newyorker26

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on: Jun 30, 2018
Government spending shrank the most in _____ relative to GDP between 1997 and 2016.
 a. Canada
 b. Australia
  c. Germany
  d. Spain
 e. the U.K.

Question 2

Suppose the nominal wages of workers in an economy increase by 7 percent while the price level rises by 5 percent. The real wages:
 a. would increase by about 2 percent.
  b. would decrease by about 5 percent.
  c. would increase by about 50 percent.
  d. would increase by about 10 percent.
  e. would decrease by about 25 percent.


aham8f

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

a

Answer to Question 2

a


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newyorker26

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Reply #2 on: Jun 30, 2018
Correct answers!


aham8f

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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