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Author Question: For most firms, the biggest cost of doing business is wages. Indicate whether the statement is ... (Read 32 times)

jon_i

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on: Jun 30, 2018
For most firms, the biggest cost of doing business is wages.
 
  Indicate whether the statement is true or false

Question 2

According to the real business cycle theory, which of the following is a TRUE statement about the effects of an oil shock in the 1970s?
 
  A) Relative prices changed but there was no impact on the price level in general.
  B) The natural rate of unemployment remained unchanged, but employment levels did decline.
  C) The shock shifted the short-run aggregate supply curve but not the long-run aggregate supply curve.
  D) The shock affected real variables only and did not affect nominal variables.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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wfdfwc23

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jon_i

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

robbielu01

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Reply 3 on: Yesterday
Excellent

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