This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose workers' and firms' expectations of the price level and productivity are accurate. In this ... (Read 387 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Suppose workers' and firms' expectations of the price level and productivity are accurate. In this case, a reduction in productivity will cause which of the following?
 
  A) a decrease in both the real wage and the natural rate of unemployment
  B) an increase in both the real wage and the natural rate of unemployment
  C) a decrease in the real wage and no change in the natural rate of unemployment
  D) an increase in the real wage and a decrease in the natural rate of unemployment
  E) none of the above

Question 2

Banks are different from other financial intermediaries because
 
  A) banks receive funds and make loans.
  B) some of a bank's deposits are money.
  C) banks can conduct open market operations on their own.
  D) banks do not need to hold reserves against their deposits.
  E) banks are open longer hours.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jun 30, 2018
Correct answers!


nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Control of blood glucose level. Control of blood glucose level.
Surface Fronts and Upper-Level Patterns: Cold Fronts and the Formation of Upper-Level Troughs Surface Fronts and Upper-Level Patterns: Cold Fronts and the Formation of Upper-Level Troughs
Normal change in sea level Normal change in sea level
How much the temperature will rise depends on many factors that affect the level of GHG emission How much the temperature will rise depends on many factors that affect the level of GHG emission
The Effects of a Spinal Cord Injury by Spinal Level The Effects of a Spinal Cord Injury by Spinal Level
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library