An efficiency wage is designed to ________ work effort and to ...

[KWilfred]

An efficiency wage is designed to ________ work effort and to ________ labor turnover.
 
  A) increase; raise
  B) decrease; raise
  C) not change; decrease
  D) increase; lower
  E) decrease; lower

Question 2

During an economic expansion when real GDP increases, the
 
  A) demand for money decreases.
  B) nominal interest rate is constant.
  C) demand for money increases.
  D) supply of money decreases.
  E) real interest rate is constant.

[Jbrasil]

Answer to Question 1

D

Answer to Question 2

C

[KWilfred]

TYSM

[mcarey591]

Excellent