« previous next »

Author Question: If there is an increase in the price level in the classical model, a. the equilibrium level of ... (Read 114 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
on: Jun 30, 2018
If there is an increase in the price level in the classical model,
 
  a. the equilibrium level of output will remain unchanged.
  b. real wages remain constant.
  c. money wages will rise proportionally.
  d. all of the above.

Question 2

Labor demand depends on the interest rate because
 
  A) household savings depend on the interest rate.
  B) firms discount future profits.
  C) of Ricardian equivalence.
  D) Labor demand actually does not depend on the interest rate.


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

sammy

  • Hero Member
  • *****
  • Posts: 818
Reply #2 on: Jun 30, 2018
Correct answers!


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
The central dogma of genetics at the molecular level. The central dogma of genetics at the molecular level.
Energy Level Diagram of Hydrogen Energy Level Diagram of Hydrogen
Original Model of Jupiter’s Belts and Zones Original Model of Jupiter’s Belts and Zones
Model of malaria protozoa in a red blood cell. New parasites are produced and mature in the RBC, ... Model of malaria protozoa in a red blood cell. New parasites are produced and mature in the RBC, ...
Drive-on ramps are dangerous to use. The wheels on the ground level must be chocked (blocked) to ... Drive-on ramps are dangerous to use. The wheels on the ground level must be chocked (blocked) to ...
Classical complement activations. IgM and IgG3, IgG1, and IgG2 activate the classical pathway of ... Classical complement activations. IgM and IgG3, IgG1, and IgG2 activate the classical pathway of ...
Video: Role of complement proteins

For a complete list of videos, visit our video library