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Author Question: Which of the following best describes the interest rate effect? A) An increase in the price level ... (Read 111 times)

magmichele12

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on: Jun 29, 2018
Which of the following best describes the interest rate effect?
 
  A) An increase in the price level lowers the interest rate and chokes off investment and consumption spending.
  B) An increase in the price level lowers the interest rate and chokes off government spending.
  C) An increase in the price level raises the interest rate and chokes off government spending.
  D) An increase in the price level raises the interest rate and chokes off investment and consumption spending.

Question 2

What is the shape of the labor supply curve implied by the following statements?
 
  a. I'm sorry, kids, but now that I'm earning more, I just can't afford to come home early in the afternoon, so I won't be here when you get home from school.
  b. They can pay me a lot or they can pay me a little. I'll still put in my 8 hours a day.
  c. Now that I have received a salary increase, I am going to work 36 hours instead of 40 hours a week
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yasmina

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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magmichele12

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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