If the price level increases by 5 percent and the nominal wage increases by 3.5 percent, the real wage will decrease by 1.5 percent.
a. True
b. False
Indicate whether the statement is true or false
Question 2
If interest rates are to remain constant, the money supply should change:
a. in the opposite direction to a change in aggregate demand.
b. in the same direction as a change in money demand.
c. only when investment changes.
d. only when the demand for money decreases.
e. only when the inflation rate changes.
The mortality rate in the United States increases with age and is lower for women than men at every ...
Impacts of rising sea level
Many U.S. regions under threat due to changes in sea level
How much the temperature will rise depends on many factors that affect the level of GHG emission
The level of future emissions is closely linked to the rate of population growth
Percent of oxygen in the atmosphere versus altitude.