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Author Question: In the above figure, a movement from point A to point B represents A) a decrease in the quantity ... (Read 154 times)

DelorasTo

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on: Jun 29, 2018
In the above figure, a movement from point A to point B represents
 
  A) a decrease in the quantity of money demanded.
  B) a decrease in the demand for money that might be the result of a fall in the price level.
  C) an increase in the quantity of money demanded.
  D) an increase in the demand for money that might be the result of an increase in real GDP.
  E) an increase in the demand for money that might be the result of a fall in the price level.

Question 2

A minimum wage set above the equilibrium wage rate
 
  A) decreases job rationing.
  B) decreases the natural unemployment rate because fewer workers will become unemployed.
  C) increases the natural unemployment rate.
  D) increases the number of workers employed.
  E) increases the demand for labor.


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dominiqueenicolee

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

C

Answer to Question 2

C


DelorasTo

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

billybob123

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

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