« previous next »

Author Question: According to new classical model, real wages a. rise when income rises. b. falls when income ... (Read 100 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jun 30, 2018
According to new classical model, real wages
 
  a. rise when income rises.
  b. falls when income rises.
  c. do not move within income.
  d. fall if the expected price level is too high and rise if the expected price level is too low.
  e. none of the above.

Question 2

If Y>C+I+G but Md= Ms, then
 
  a. interest rates must rise and output must fall.
  b. both interest rates and output must fall.
  c. interest rates must fall and output must rise.
  d. both interest rates and output must rise.
  e. none of the above.


xiazhe

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

The Keynesian IS/LM Model The Keynesian IS/LM Model
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 ...
Type of Interactions, Model, Examples and Dependence of Energy on Distance Type of Interactions, Model, Examples and Dependence of Energy on Distance
A space-filling model of DNA. A space-filling model of DNA.
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
The Power of Classical Conditioning The Power of Classical Conditioning
Video: Hormonal regulation of blood pressure - RAA system

For a complete list of videos, visit our video library