Job rationing occurs if A) the Lucas wedge is positive. B) ...

[LaDunn]

Job rationing occurs if
 
  A) the Lucas wedge is positive.
  B) the minimum wage is set below the equilibrium wage rate.
  C) an efficiency wage is set below the equilibrium wage rate.
  D) the real wage rate is pushed above the equilibrium wage rate.
  E) a union wage is set below the equilibrium wage rate.

Question 2

When U.S. real GDP increases, U.S. imports
 
  A) increase by more than the change in real GDP.
  B) decrease by less than the change in real GDP.
  C) decrease by the same amount.
  D) increase by less than the change in real GDP.
  E) increase by the same amount.

[rachel]

Answer to Question 1

D

Answer to Question 2

D

[LaDunn]

Excellent

[gcook]

TYSM