A sudden fall in housing prices in Potentia has lowered the confidence of households. Assuming all else equal, this is likely to lead to a(n) ________.
A) increase in the demand for construction workers
B) fall in the unemployment rate
C) increase in the overall price level
D) decline in current consumption
Question 2
Contract negotiations between an employer and a labor union representing workers are referred to as:
A) collective bargaining. B) contractualization of employment.
C) treaties. D) crowding out.
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