Author Question: When workers expect the real wage to rise at a rate similar to productivity improvements, ________. ... (Read 516 times)

littleanan · **on:** Jun 30, 2018

When workers expect the real wage to rise at a rate similar to productivity improvements, ________.

A) the decrease in labor supply raises the real wage
B) the increase in labor supply lowers the real wage
C) the increase in labor supply raises the real wage
D) the decrease in labor supply lowers the real wage

Question 2

Which of the following is a good indicator of short-term interest rates in international markets?

A) prime rate
B) Treasury bill rate
C) LIBOR
D) Federal funds rate
E) none of the above