Author Question: A decrease in money supply will lead to ________ if nominal wages are fixed. A) lower ... (Read 120 times)

roselinechinyere27m

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A decrease in money supply will lead to ________ if nominal wages are fixed.
 
  A) lower unemployment B) higher real wages
  C) higher output D) lower real wages

Question 2

Contractionary policies are government policies that
 
  A) decrease aggregate supply. B) increase aggregate supply.
  C) increase aggregate demand. D) decrease aggregate demand.


Jayson

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Answer to Question 1

B

Answer to Question 2

D



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