In the classical model, an increase in aggregate demand will lead to an increase in wage rates while a decrease in aggregate demand will
A) change the price of capital.
B) leave wages unchanged since workers will not take a cut in pay.
C) increase wages since business will be desperate for labor.
D) decrease wages.
Question 2
According to new growth theory, as technology becomes more important to growth, so does
A) increasing taxes. B) human capital.
C) military spending. D) increasing trade barriers.
brain model
Lab: Paramecium Model
Standard Model of Elementary Particles
The Solar Model
Nonlinear increase in saturation vapor pressure with increase in temperature.
The demand for energy is met by burning coal and other fossil fuels