« previous next »

Author Question: Aggregate supply increases when: a. wage rates decrease while the economy's price level remains ... (Read 19 times)

erika

  • Hero Member
  • *****
  • Posts: 522
on: Jun 30, 2018
Aggregate supply increases when:
 a. wage rates decrease while the economy's price level remains unchanged.
  b. resource availability is reduced.
  c. there are fewer workers.
  d. there is less capital and the price level remains unchanged.
  e. there are increased inflationary expectations of labor.

Question 2

Keynes called the money people hold in order to buy bonds, stocks, or other nonmoney financial assets the:
 a. transactions demand for holding money.
  b. precautionary demand for holding money.
  c. speculative demand for holding money.
  d. unit of account demand for holding money.


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

erika

  • Hero Member
  • *****
  • Posts: 522
Reply #2 on: Jun 30, 2018
Correct answers!


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

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 ...
Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Cesarean Section Rates, Selected Countries Cesarean Section Rates, Selected Countries
The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles. The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles.
There are many ways for an individual to monitor his or her blood glucose level There are many ways for an individual to monitor his or her blood glucose level
Blood Supply to the Lungs Blood Supply to the Lungs
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Video: Causes of Angina

For a complete list of videos, visit our video library