Author Question: Which of the following occurs when the goods market is in equilibrium? A) Domestic output (Y) ... (Read 35 times)

ARLKQ · **on:** Jun 30, 2018

Which of the following occurs when the goods market is in equilibrium?

A) Domestic output (Y) equals the demand for domestic goods.
B) Y equals the domestic demand for goods.
C) Y equals the domestic demand for domestic goods.
D) Net exports equals 0.
E) Demand for domestic goods equals the domestic demand for goods.

Question 2

Which of the following will tend to occur as a result of a reduction in the proportion of a country's workers who have indexed wages?

A) the unemployment rate will be relatively low.
B) the unemployment rate will be relatively high.
C) the inflation rate will be relatively low.
D) a given change in the unemployment rate will cause a relatively smaller change in the inflation rate.
E) none of the above