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Author Question: Wages in Baltonia are downwardly rigid. Which of the following will happen if a recession occurs in ... (Read 35 times)

penza

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on: Jun 30, 2018
Wages in Baltonia are downwardly rigid. Which of the following will happen if a recession occurs in the country?
 
  A) Employment will fall less than if wages were flexible.
  B) Unemployment will fall less than if wages were flexible.
  C) Employment will fall more than if wages were flexible.
  D) Unemployment will fall more than if wages were flexible.

Question 2

Aggregate demand and aggregate supply must be combined to determine the price level and the real GDP.
 
  Indicate whether the statement is true or false


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tennis14576

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


penza

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Reply #2 on: Jun 30, 2018
Thank you


tennis14576

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Reply #3 on: Jun 30, 2018
No problemo


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