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Author Question: All of the following are reasons why the wages of workers and the prices of inputs rise more slowly ... (Read 180 times)

BrownTown3

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on: Jun 29, 2018
All of the following are reasons why the wages of workers and the prices of inputs rise more slowly than the prices of final goods and services except
 
  A) contracts make prices and wages sticky. B) unions are successful in pushing up wages.
  C) menu costs make some prices sticky. D) firms are often slow to adjust wages.

Question 2

Refer to Figure 26-3. In the figure above, when the money supply shifts from MS1 to MS2, at the interest rate of 3 percent households and firms will
 
  A) sell Treasury bills. B) neither buy nor sell Treasury bills.
  C) want to hold more money. D) buy Treasury bills.


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bigcheese9

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


BrownTown3

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

xiazhe

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Reply 3 on: Yesterday
:D TYSM

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