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Author Question: If the labor demand curve shifts to the right due to a government policy during a recession, and if ... (Read 21 times)

bb

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on: Jun 30, 2018
If the labor demand curve shifts to the right due to a government policy during a recession, and if wages are flexible, ________.
 
  A) real wages will increase B) real wages will decrease
  C) prices will fall D) unemployment will increase

Question 2

One of the economic costs of holding currency is that
 
  A) it fulfills no transactions role. B) it fulfills no precautionary role.
  C) its real value always increases. D) it earns no interest income.


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bobsmith

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

A

Answer to Question 2

D


bb

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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