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Author Question: The empirical evidence suggests that periods of high productivity growth will cause which of the ... (Read 121 times)

meagbuch

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The empirical evidence suggests that periods of high productivity growth will cause which of the following in the short run?
 
  A) higher markups
  B) lower unemployment
  C) constant real wages
  D) greater equality in wages
  E) none of the above

Question 2

Suppose the marginal propensity to consume equals .8 (i.e., c1 = .8). Given this information, which of the following events will cause the largest increase in output?
 
  A) G increases by 200
  B) T decreases by 200
  C) I increases by 150
  D) both A and B



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krakiolit

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Answer to Question 1

B

Answer to Question 2

A




meagbuch

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


okolip

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

 

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