Author Question: Aggregate supply increases when: a. wage rates decrease while the economy's price level remains ... (Read 82 times)

erika

  • Hero Member
  • *****
  • Posts: 522
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
Answer to Question 1

a

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

For a complete list of videos, visit our video library