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Author Question: Use the information in the table above to calculate the value of net exports. A) 10 million B) 0 ... (Read 32 times)

JMatthes

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on: Jun 29, 2018
Use the information in the table above to calculate the value of net exports.
 
  A) 10 million
  B) 0
  C) -10 million
  D) 30 million

Question 2

Suppose the money wage rate and the price level both fall by 5 percent. As a result
 
  A) the quantity of labor demanded increases.
  B) the quantity of labor demanded decreases.
  C) the quantity of labor demanded does not change because there is no change in the real wage.
  D) people are worse off and there is more unemployment.


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steff9894

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

A

Answer to Question 2

C


JMatthes

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

tkempin

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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