Author Question: An increase in the level of real GDP in the economy leads to A) a leftward shift in the demand ... (Read 60 times)

haleyc112 · **on:** Jun 30, 2018

An increase in the level of real GDP in the economy leads to

A) a leftward shift in the demand for money curve.
B) a rightward shift in the demand for money curve.
C) a leftward movement along the demand for money curve.
D) a rightward movement along the demand for money curve.

Question 2

Refer to the figure above. If there is downward wage rigidity in the market, what is the wage rate at which wages will be held, everything else remaining unchanged?

A) 25 B) 10 C) 30 D) 15