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Author Question: As the ________ interest rate increases, the quantity of loanable funds demanded ________. A) ... (Read 128 times)

mspears3

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on: Jun 29, 2018
As the ________ interest rate increases, the quantity of loanable funds demanded ________.
 
  A) real; increases
  B) real; decreases
  C) nominal; increases
  D) nominal; decreases

Question 2

The real wage rate equals
 
  A) (money wage rate)/(price level).
  B) (price level)/(money wage rate).
  C) (money wage rate)  (price level).
  D) (money wage) + (number of hours worked)/(price level).


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manuelcastillo

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

B

Answer to Question 2

A


mspears3

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

jordangronback

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Reply 3 on: Yesterday
Excellent

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